You are ordering new equipment for the boss. Machine 1 will save $5,000 per year for 6 years; Machine 2 will save $6,000 per year for 5 years. Assume an interest rate of 10% compounded annually. What is the future value of savings from Machine 1 and Machine 2 in Year 6? Which machine should you select?
a) $38,578, $40,294, choose Machine 1
b) $38,578, $40,294, choose Machine 2
c) $38,578, $36,631, choose Machine 1
d) $38,578, $36,631, choose Machine 2

Which of the following is located at the point where the supply and demand curves intersect? a. the equilibrium price. b. the minimum supply. c. the level of efficient production. d. the maximum demand. 2b2t

Consumer surplus is: the difference between the price of a product and what consumers were willing to pay for the product. the difference between the discounted price of a product and its retail price. the difference between the price paid by consumers and the price required of producers. the difference between the price of a product and consumers' valuation of the last unit of the product purchased.

He management's discussion and analysis (md& a) required in general purpose federal financial reporting is different than that required by gasb of state and local governments in that: a. it includes information about the agency's performance goals and results in addition to financial activities. b. it is outside the general purpose federal financial report and is optional, not required. c. it is a part of the basic financial statements and, as a result, it is audited along with the financial statements. d. there are no significant differences.