The modified accelerated cost recovery system (MACRS):Multiple ChoiceIs required for financial reporting. Does not allow partial year depreciation. Is an outdated system that is no longer used by companies. Is identical to units of production depreciation. Is included in the U. S. federal income tax rules for depreciating assets.

Guardian inc. is trying to develop an asset-financing plan. the firm has $450,000 in temporary current assets and $350,000 in permanent current assets. guardian also has $550,000 in fixed assets. assume a tax rate of 40 percent. a. construct two alternative financing plans for guardian. one of the plans should be conservative, with 70 percent of assets financed by long-term sources, and the other should be aggressive, with only 56.25 percent of assets financed by long-term sources. the current interest rate is 12 percent on long-term funds and 7 percent on short-term financing. compute the annual interest payments under each plan.

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.

Which of the following tends to result in a decrease in the selling price of houses in an area? a. an increase in the population of the city or town. b. an increase in the labor costs of construction. c. an increase in the income of new residents in the city or town. d. an increase in mortgage interest rates.