List one benefit and one concern of industrialized livestock farming such as in CAFOs.

In general, temperature ____ as water depth _______.

List two concerns and two solutions for eutrophication.

Define riparian zone, feedlot and CAFO and link each to overgrazing.

A project has a profitability index of 0.32 and the present value of the net cash inflows generated by the project is $19,000. What is the required initial investment for this project? Round to the nearest whole dollar amount and do not enter a dollar sign or a decimal point (e.g., enter 89, not $89.00).

Acme Company is a wholesaler that makes all inventory sales and inventory purchases on account. All of Acme’s accounts payable relate to inventory purchases. During the current month, Acme collects $135,000 of cash from its customers and its accounts receivable balance increases by $5,000. Acme also pays $109,000 of cash to its suppliers of inventory and its accounts payable balance increases by $7,500. Acme’s merchandise inventory balance does not increase or decrease during the month. What is Acme’s gross margin? Round to the nearest whole dollar amount and do not enter a dollar sign or a decimal point (e.g., enter 89, not $89.00).

Acme Company purchases new equipment that costs $160,000 and has a useful life of 10 years and a salvage value of $10,000. Acme sells the old equipment that is being replaced for $20,000. The payback period for the initial investment in the new equipment is 4 years. What is the simple rate of return on the investment in the new equipment? Round to one decimal place.

Acme Company manufactures various types of widgets, and its factories currently have no excess capacity. If any capacity did free up, Acme has profitable uses for the freed-up capacity. Consequently, Acme incurs an opportunity cost with respect to the component parts that it manufactures in-house and the special sales orders that it accepts. This opportunity cost: 

Acme Company makes all its inventory sales and inventory purchases on account, and all of Acme’s accounts payable relate to inventory purchases. During the current year, sales revenues are $790,500, cost of goods sold is $605,700, the accounts receivable balance decreases $36,000, the inventory balance increases $28,000, and the accounts payable balance decreases $19,450. What amount of cash did Acme pay to its suppliers of inventory during the year?

Acme Company is evaluating a project that requires an initial investment of $95,610 and is expected to generate annual net cash inflows of $20,000 per year for 6 years. The salvage value of the project is uncertain. Acme uses a discount rate of 8% to make capital budgeting decisions. What is the minimum amount of salvage value that would make this project acceptable?