If a firm can buy a machine for $80,000, takes an investment tax credit of 15%, and lease out the machine for 9 years with lease payments at the beginning of the year,

how much should the minimum annual lease payments be? assume a 5-year straight-line depreciation, zero salvage and a tax rate of 35%. assume further that it can borrow at a before-tax rate of 7%.

a $10,300
b $8,300
c $9,300
d $9,600
e $8,900

You want to make an investment in a continuously compounding account over a period of two years. what interest rate is required for your investment to double in that time period? round the logarithm value and the answer to the nearest tenth.

Ail industries uses activity-based costing to assist management in setting prices for the company's three major product lines. the following information is available: activity cost pool estimated overhead expected use of cost driver per activity cutting $1,000,000 25,000 labor hours stitching 8,000,000 320,000 machine hours inspections 2,800,000 160,000 labor hours packing 960,000 64,000 finished goods units compute the activity-based overhead rates. (round answers to 2 decimal places, e.g. 12.25.)

Aminor has the legal right to repudiate