Your firm is contemplating the purchase of a new $425,000computer-based order entry system. The system will be depreciated straight-line to zero over itsfive-year life. It will be worth $30,000 at the end of that time. You will save $130,000 before taxesper year in order processing costs, and you will be able to reduce working capital by $60,000 (thisis a one-time reduction). If the tax rate is 35 percent, what is the IRR for this project?

During the month of march 2017, weimar world, a tax-preparation service, had the following transactions. * billed $496,000 in revenues on credit * received $164,000 from customers' accounts receivable * incurred expenses of $194,000 but only paid $87,700 cash for these expenses * prepaid $32,220 for computer services to be used next month what was the company's accrual basis net income for the month? select one: a. $302,000 b. $264,080 c. $ 41,860 d. $408,300 e. none of the above