Racketeering acts under RICO include theft, burglary, and arson
Indicate whether the statement is true or false
True
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According to Kotter, management is about seeking stability, and leadership is about seeking ______.
A. order B. change C. followers D. rewards
"Breakeven" is the point at which a company will begin to earn a profit
Indicate whether the statement is true or false
Duddy Kravitz owns the Saint Viateur Bagel store. His world famous bagels are hand rolled, boiled in honey-water and baked in a wood-burning oven. The store sells 5,000 bagels per day and is open 365 days of the year
The bagels are so popular that, on weekends, the customer line-up runs half-way down the block. Uncle Benjy thinks that the wood-fired oven should be replaced by a modern gas oven, which would reduce costs by $0.02 per bagel. A new oven would cost $105,000. Duddy is considering Uncle Benjy's idea, but he only plans to be in business for another two years. The bagels are sold for $0.75 each. The cost of producing each bagel with the wood-burning oven is $0.50 which includes labour and raw materials. The current oven was purchased thirty years ago for $20,000. It could be sold today for $5,000 and will be worth $3,000 in two years. A new oven costs $105,000 today and could be sold for $55,000 in two years. Duddy's cost of capital is 9%. Assume that investment cash flows occur immediately, and that sales and production costs occur at the end of the year. Assume that both ovens are classified as 10-year property and depreciated using the MACRS system. The tax rate is 35%. What is the NPV for the proposed acquisition if the cost of capital is 9%? MACRS Depreciation Rates Year 5-Year 7-Year 10-Year 1 20.00% 14.29% 10.00% 2 32.00% 24.49% 18.00% 3 19.20% 17.49% 14.40% 4 11.52% 12.49% 11.52% 5 11.52% 8.93% 9.22% A) -$656 B) -$356 C) $356 D) $656 E) $956
Parties can appeal a court's decision if:
a. there was a failure by the trial judge to admit or exclude certain evidence b. there were improper instructions being given to the jury c. there was granting or denying of motions to dismiss the case d. all of the other specific choices are correct e. none of the other specific choices are correct