Suppose Summit is considering automating of an existing production process. The automation will increase gross profit by $220 per year. For this automation, Summit needs to purchase the machine either from China or Korea. If they purchase from China, the initial cost will be 200 and $10 per year will be required to operate. It must be replaced after two years. If the machine is purchased from Korea, the initial cost will be 240 and $8 per year will be required to operate. It must be replaced after three years. Ignoring taxes, which particular machine Summit should choose if they use a 10 per cent discount rate. Write the key numbers in the google form. You do not need to show the detailed calculation

2. Dell is evaluating the proposal of a new factory in an overseas country (Germany). The currency in the overseas country is Euro. Dell will be renting a premise of 50,000 Square feet for this facility. Annually the factory expects to sell 20,000 units of Keyboard at 3 euro per keyboard. Total capital cost is 20,000 euro and is depreciated using the straight-line method over five years to a zero-salvage value. The monthly salary expense will be 3000 euro, whereas annual utility and other expense will be 2,000 euro. The annual total rent is 5,000 euro. Variable costs are 10 per cent of annual sales revenue. Assume; initially, Dell will require 4,000 euro in working capital for this project. However, after the project, Dell will not receive anything from the working capital. Besides, there are no additional cash inflows and outflows from this project. The project does not have any tax implication. Calculate cash flows from the asset (CFFA) for this project. Write the key numbers in the google form. You do not need to show the detailed calculation

3. Suppose you are working as Business Operation Manager for ACI. Now, ACI is planning to build a factory and start medicine production process in South Africa. For this factory, ACI will invest $8 million in South Africa. In fact, the group has already started the construction work of its state-of-the-art pharmaceutical manufacturing plant on January 1, 2020, in South Africa. Commercial production is expected to begin from the first quarter of 2021. You are concerned regarding the political risks of Kenya and how, in the long run, these risks can affect your business. You are also concerned regarding the possible impact of Corona-virus in your business. Now a report highlighting all the political risks of this project and your possible strategy. What kind of strategies can you use to address the risks associated with corona-virus? Provide a detailed explanation