Thurston petroleum is considering a new project that complements its existing business. the machine required for the project costs $4.35 million. the marketing department predicts that sales related to the project will be $2.45 million per year for the next four years, after which the market will cease to exist. the machine will be depreciated to zero over its 4-year economic life using the straight-line method. cost of goods sold and operating expenses related to the project are predicted to be 25 percent of sales. the company also needs to add net working capital of $175,000 immediately. the additional net working capital will be recovered in full at the end of the project’s life. the tax rate is 25 percent and the required return for the project is 10 percent.

Which of the following is likely not a benefit of requiring a grand jury to listen to and examine all of the evidence against a person suspected of committing a serious crime and then independently deciding whether or not to hand down an indictment? 1.the grand jury system provides the accused another safeguard against being sent to trial and facing conviction based on flawed evidence. 2.the members of the grand jury are drawn from the community and are empowered to render independent decisions about whether or not the government has collected enough evidence to bring an individual to trial. 3.the grand jury’s decision can provide prosecutors insight into what is necessary to build a sufficient case if a similar crime is presented later. 4.the grand jury is impaneled to rubber-stamp prosecutors’ cases, which makes it possible for more cases to reach trial.

The era of venture capitalists doling out large sums of money to startups is a. just beginning b. on the rise c. over d. fading

Congressman patrick indicates that he is opposed to tax proposals that call for a flat tax rate because the structure would not tax those individuals who have the ability to pay the tax. discuss the position of the congressman, giving consideration to tax rate structures (e.g., progressive, proportional, and regressive) and the concept of equity.