Fool Proof Software Is Considering a New Project Whose Data

question 12

Multiple Choice

Fool Proof Software is considering a new project whose data are shown below. The equipment that would be used has a 3-year tax life, and the allowed depreciation rates for such property are 33%, 45%, 15%, and 7% for Years 1 through 4. Revenues and other operating costs are expected to be constant over the project's 10-year expected life. What is the Year 1 cash flow?

• A) $30,258
• B) $31,770
• C) $33,359
• D) $35,027
• E) $36,778

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Definitions:

Tables

Data structures composed of rows and columns used to organize, manage, and store information in a database or spreadsheet.

Queries

Instructions or expressions in databases and search engines used to extract specific information from a set of data.

Forms

Tools or templates in software that allow users to enter and submit information, often used for data entry, registrations, and surveys.

Back Up The Database

The process of creating a copy of data from a database to prevent data loss in case of system failure.