Which statement is true regarding oil drilling programs? a. these programs incur intangible drilling costs which are 100% deductible in the year the drilling takes place. b. these programs incur intangible drilling costs which are deductible over a 27 1/2 year period. c. these programs give an immediate deduction for intangible drilling costs. d. these programs provide an intangible drilling costs deduction over the expected life of the well.

Miller mfg. is analyzing a proposed project. the company expects to sell 8,000 units, plus or minus 2 percent. the expected variable cost per unit is $11 and the expected fixed costs are $287,000. the fixed and variable cost estimates are considered accurate within a plus or minus 5 percent range. the depreciation expense is $68,000. the tax rate is 32 percent. the sales price is estimated at $64 a unit, plus or minus 3 percent. what is the earnings before interest and taxes under the base case scenario?

Which of the following is the term for something that you can't live without 1. need 2. want 3. good 4. service

Even sole proprietors should have at least how many computers? 1 2 3 4