Q5 (ILOS measured: For Independent IRR Projects answer the following question The High Society Baked Bean Co. is considering a new canner. The canner costs $120 000 and will have a scrap value of $5000 after its 10-year life. Given the expected increases in sales, the total savings due to the new canner, compared with continuing with the current operation, will be $15 000 the first year, increasing by $5000 each year thereafter. Total extra costs due to the more complex equipment will be $10 000 per year. The MARR for High Society is 12 percent. Should it invest in the new canner? Note: There are several ways a student can do this. In this problem, equating annual outflows and receipts appears to be the easiest approach, because most of the cash flows are already stated every year. 5000(A/F,i,10)+15 000 + 5000(A/G,i,10) -120 000(A/P,i,10) 10 000 = 0 The figure below shows high society baked bean canner to help the student to achieve the best -$120 000 Gradient of $5000 per year 3 4 5 6 7 8 9 10 $60 000 $15.000 $10 000

13. Discuss the potential impact of utility computing.14. Discuss the ethics related to use of RFID tags.

Economics   Anna has recently completed her dentistry degree and has taken up employment in a Sydney hospital Anna incurred the outgoings listed below. she would like to know whether they are allowable deduction. with reference to relevant law and provisions and principal advise Anna 1. travelling to Melbourne hospital for a seminar on how a hospital clinic works before interview: $400 2. moving from her home in Melbourne to relocate to Sydney to live with parents: $2000 3. childcare expenses of $25000 for her three year old daughter while Anna works. her contract of employment specifies the relevant child centre that Anna must send her daughter to

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