1.Vehicles begin to arrive at a toll booth at eight vehicles per minute from 9 A.M. to 10 A.M. The booth opens at 9:10 A.M. and services at a rate of ten vehicles per minute until 9:40 A.M. From 9:40 A.M. until 10 A.M. the service rate is six vehicles per minute. Assuming it is D/D/1 what is the total vehicle delay from 9 A . M . to 10 A . M . assuming D / D /1 queuing?
2.Consider an asset that costs $712,000 and is depreciated straight-line to zero over its eight-year tax life. The asset is to be used in a five-year project; at the end of the project, the asset can be sold for $184,000. If the relevant tax rate is 35 percent, what is the aftertax cash flow from the sale of this asset?