A company is considering two mutually exclusive methods of producing a new product. The relevant data concerning the alternatives appear below.

Alternative I Alternative II
Initial investment $64,000 $120,000
Annual receipts $50,000 $60,000
Annual disbursements $20,000 $12,000
Annual depreciation $16,000 $20,000
Expected life 4 yrs 6 yrs
Salvage value 0 0

At the end of the useful life of whatever equipment is chosen the product will be discontinued. The company's tax rate is 50 percent and the discount rate is 10 percent. Calculate the net present value of each alternative.

If a bond is issued at a premium the effective interest rate is most likely

Catherine de bourgh has one child, anne, who is 18 years old at the end of the year. anne lived at home for seven months during the year before leaving home to attend state university for the rest of the year. during the year, anne earned $6,000 while working part time. catherine provided 80 percent of anne's support and anne provided the rest. which of the following statements regarding whether anne is catherine's qualifying child for the current year is correct? a.anne is a qualifying child of catherine.b.anne is not a qualifying child of catherine because she fails the gross income test.c.anne is not a qualifying child of catherine because she fails the residence test.d.anne is not a qualifying child of catherine because she fails the support test.

In a chapter 7 bankruptcy, a debtor: