Here are the data for a time-cost CPM scheduling model analysis. The time is in days and the costs include both direct and indirect costs. 
What are the total time of this project and total normal cost?
A. Total time is 13 days, total cost is $1,200.
B. Total time is 10 days, total cost is $1,750.
C. Total time is 9 days, total cost is $1,700.
D. Total time is 11 days, total cost is $1,600.
E. Total time is 12 days, total cost is $1,700.
Answer: E
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Which of the following is not true regarding specific bond provisions?
a. Firms might issue bonds based only on their credit worthiness as an entity. b. Particular collateral might back up bonds issued by a firm. c. Unsecured borrowing might carry senior rights or subordinated rights in the event of bankruptcy. d. Senior debt holders have a higher priority for payment in the event of bankruptcy than subordinated (junior) unsecured lenders. e. Common stockholders have a higher priority than unsecured bondholders for payment in the event of bankruptcy.
Generally, when a person of legal age makes a contract with a minor, the contract is voidable by either party
Indicate whether the statement is true or false
A predefined formula is also known as a(n) _______.
a.Function b.Operator c.Datum d.Note
Tom is talking to his friend Bob, who has an interest in Freedom, LLC, about purchasing his LLC interest. Bob's outside basis in Freedom, LLC, is $10,000. This includes his $2,500 one-fourth share of the LLC's debt. Bob's 704(b) capital account is $17,000. If Tom bought Bob's LLC interest for $17,000, what would Tom's outside basis be in Freedom, LLC?
A. $17,000. B. $14,500. C. $19,500. D. $10,000.