Temple Corp

question 71

Multiple Choice

Temple Corp. is considering a new project whose data are shown below. The equipment that would be used has a 3-year tax life, would be depreciated by the straight-line method over its 3-year life, and would have a zero salvage value. No new working capital would be required. Revenues and other operating costs are expected to be constant over the project's 3-year life. What is the project's NPV?

• A) $15,740
• B) $16,569
• C) $17,441
• D) $18,359
• E) $19,325

---

Definitions:

Extended Family

A family group that extends beyond the nuclear family, including grandparents, aunts, uncles, and other relatives, who may live together or in close proximity.

Oral Tradition

The practice of passing down stories, histories, proverbs, and other cultural knowledge through word of mouth from one generation to another.

Authoritarian Role

A leadership or governing style characterized by strict obedience to authority, often at the expense of personal freedom.

Dominant Culture

The culture of the most powerful group in society, which often sets norms and standards that others may aspire to or be judged by.