What is a codicil?
A) a type of will that cannot be amended once created
B) a separate document that must be executed to amend a will
C) a will that has been attested by the beneficiary of the will
D) a duplicate of a will that is used in case the original is destroyed
B
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A company is considering a project with annual after-tax cash flows of $5,600.00 per year for six years. The company's cost of capital is 14 percent. Present and future value factors for a 14 percent interest rate for six years are as follows: Future value of $1 2.195 Present value of $1 0.456 Future value of a series of equal payments 8.536 Present value of a series of equal payments 3.889 Using
the net present value method, what is the maximum amount that the company should invest? a. $21,778.40 b. $47,801.60 c. $12,292.00 d. $2,553.60
Reviewing your message and considering feedback ________
A) generally leads to less successful proposals B) may lead you to return to the analysis step C) is part of composing, the second step of the ACE process D) will be time consuming and unnecessary E) sets the stage for your business message, helping you make good decisions, and should be done before you begin composing
Dechter Company acquired a mine for $1,800,000 which has an estimated residual value of $300,000 and contains an estimated 1,500,000 tons of coal. If 230,000 tons of coal are mined and sold during the first year, the entry to record the depletion charge is:
A) Accumulated Depletion-Coal Deposits 230,000 Depletion Expense-Coal Deposits 230,000 B) Accumulated Depreciation-Asset 276,000 Asset 276,000 C) Depletion Expense-Coal Deposits 230,000 Accumulated Depletion-Coal Deposits 230,000 D) Accumulated Depletion-Coal Deposits 230,000 Coal Deposits 230,000
The budgeted variable factory overhead is the standard variable overhead for the actual units produced
Indicate whether the statement is true or false