Fall 2024 1. A battery manufacturing plant has been ordered to cease discharging acidic waste liquids containing mercury into the city sewer system. As a result, the firm must now adjust the pH and remove the mercury from its waste liquids. Quotations from three firms are included in the following table of costs. If the installation will last 15 years and money is worth 12%, which equipment should be purchased? Bidder Installed Annual Annual Income from Salvage Cost Operating Cost Mercury Recovery Value Foxhill $50k 5k 6.5k 10k Quicksilver $40k 5k 2.5k 0 Almaden $80k 5k 7.8k 10k

Energy entrepreneur T. Boone Pickens has proposed converting the trucking fleet in the United States to liquefied natural gas (LNG) and using wind power to replace the missing LNG in electric power production. What infrastructure issues do you see that must be resolved before the Pickens plan could be adopted?

What life cycle cost concept begins raising concerns by year 5 with any electric vehicle (EV)? If that issue affected resale value at year 5, would that affect perceived value-in-use? How exactly?

Investors sometimes fear that a high-risk investment is especially likely to have low returns. Is this fear true? Does a high risk mean the return must be low?