A special power tool for plastic products costs $400,000 and has a 4- year useful life, no salvage value, and a 2-year before-tax payback period. Assume uniform annual end-of-year benefits. (a) Compute the before-tax rate of return. (b) Compute the after-tax rate of return, based on MACRS depreciation and a 24% combined corporate income tax rate.

According to ceo heidi ganahl, camp bow wow requires a strong and consistent corporate culture to keep all local franchise owners "on the same page" and to follow a common template for the business and brand. this culture could become detrimental over time because: (a) strong consistent cultures are inflexible and incapable of adapting to environmental change (b) strong consistent cultures are too flexible and capable of adapting to environmental change (c) strong consistent cultures don’t perform well in any environment (d) the passing of time provides stability and predictability for businesses