The COVID-19 pandemic accelerated the shift toward remote wo…

The COVID-19 pandemic accelerated the shift toward remote work (i.e. working from home), especially among those who used to work in urban offices. Based on your understanding of urban economics, how do you expect that this long-term, substantial shift to remote office work is affecting: urban housing prices, urban housing supply, urban commercial real estate prices, urban commercial real estate supply, urban sprawl, traffic congestion, air quality, and agglomeration economies? Graphs could be helpful, but are not necessary. EXPLAIN.

A corporation is considering a capital budgeting project tha…

A corporation is considering a capital budgeting project that would require an initial investment of $450,000 and working capital of $25,000. The working capital would be released for use elsewhere at the end of the project in 4 years. The investment would generate annual cash inflows of $143,000 for the life of the project. At the end of the project, equipment that had been used in the project could be sold for $10,000. The company’s discount rate is 14%. The net present value of the project is closest to:Present Value of $1; 1 ( 1 + r ) nPeriods4%5%6%7%8%9%10%11%12%13%14%15%10.9620.9520.9430.9350.9260.9170.9090.9010.8930.8850.8770.8720.9250.9070.890.8730.8570.8420.8260.8120.7970.7830.7690.75630.8890.8640.840.8160.7940.7720.7510.7310.7120.6930.6750.65840.8550.8230.7920.7630.7350.7080.6830.6590.6360.6130.5920.57250.8220.7840.7470.7130.6810.650.6210.5930.5670.5430.5190.49760.790.7460.7050.6660.630.5960.5640.5350.5070.480.4560.43270.760.7110.6650.6230.5830.5470.5130.4820.4520.4250.40.37680.7310.6770.6270.5820.540.5020.4670.4340.4040.3760.3510.327Present Value of an Annuity of $1 in Arrears; 1 r [ 1 – 1 ( 1 + r ) n ]Periods4%5%6%7%8%9%10%11%12%13%14%15%10.9620.9520.9430.9350.9260.9170.9090.9010.8930.8850.8770.8721.8861.8591.8331.8081.7831.7591.7361.7131.691.6681.6471.62632.7752.7232.6732.6242.5772.5312.4872.4442.4022.3612.3222.28343.633.5463.4653.3873.3123.243.173.1023.0372.9742.9132.85554.4524.3294.2124.13.9933.893.7913.6963.6053.5173.4333.35265.2425.0764.9174.7674.6234.4864.3554.2314.1113.9983.8893.78476.0025.7865.5825.3895.2065.0334.8684.7124.5644.4234.2884.1686.7336.4636.215.9715.7475.5355.3355.1464.9684.7994.6394.487

A company has purchased a small auto for delivering orders….

A company has purchased a small auto for delivering orders. The auto was purchased for $29,000 and will have a 6-year useful life and a $4,100 salvage value. Delivering orders should increase gross revenues by at least $16,900 per year. It will  cost the company about $10,000 a year to make the deliveries.  The company depreciates all assets using the straight-line method. The payback period for the auto is closest to: (Round your answer to 1 decimal place.)