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

List two concerns and two solutions for eutrophication.

Optional Bonus Question. This question is worth 1.2 bonus points on this exam. What two factors determine a location’s climate? Hint: The words begin with “T” and “P”

Match each letter to the correct lake zone. Not every answer will be used.

Describe these four traits for tundra biome: General Precipitation Pattern Average Temperature Pattern Dominant Vegetation Type Example Animal Inhabitant

Acme Company is evaluating a project that requires an initial investment of $209,000 and has a useful life of 6 years and a salvage value of $50,000. Acme uses a discount rate of 16% to make capital budgeting decisions. What is the minimum amount of annual net cash inflows that would make this project acceptable? Round to the nearest whole dollar amount.

Acme Company is evaluating an investment in new equipment that requires an initial investment of $60,020, generates annual net cash inflows of $10,000, and produces an internal rate of return of 4%. Acme uses an 8% discount rate to make capital budgeting decisions. What is the estimated useful life of the project? Round to the nearest whole number and do not enter a percent sign or a decimal point (e.g., enter 89, not 89.0% or 0.89).

Acme Company produces three products (L, M, and N) from a joint process. Each product can be sold at the split-off point or sold after further processing. A total of $102,000 of costs are incurred before the split-off point. Here are data regarding Acme’s manufacturing process: Which product(s) should Acme sell at the split-off point rather than sell after further processing? 

Acme Company produces and sells three products—P, Q and R. Total annual customer demand is 3,000 units for Product P, 2,000 units for Product Q, and 2,400 units for Product R. The contribution margin per unit is $108 for Produce P, $119 for Product Q, and $95 for Product R. It takes 3.0 machine hours to produce one unit of Product P, 3.5 machine hours to produce one unit of Product Q, and 2.5 machine hours to produce one unit of Product R. Acme’s current capacity is 14,000 machine hours per year. What is the maximum amount that Acme should be willing to pay per machine hour to acquire an additional 1,000 machine hours of capacity?

Acme Company is evaluating a project that requires an initial investment of $225,000 and has a useful life of 6 years and a salvage value of $50,000. Acme uses a discount rate of 16% to make capital budgeting decisions. What is the minimum amount of annual net cash inflows that would make this project acceptable? Round to the nearest whole dollar amount.