What Effect Is Expected at the End of the Life

question 9

Multiple Choice

What effect is expected at the end of the life of a project that initially required a $20,000 increase in net working capital?

• A)the $20,000 must now be paid by the firm
• B)the firm receives a $20,000 cash inflow
• C)taxable income is reduced by $20,000
• D)no effects are expected from sunk costs

---

Definitions:

African American

Pertaining to Americans of African descent, with a history and culture shaped by the experience of slavery and the struggle for civil rights.

Armed Services

The combined military forces of a nation, including its army, navy, air force, and other branches, responsible for defending the country and engaging in combat operations.

U.S. Armed Services

The combined military forces of the United States, including the Army, Navy, Air Force, Marine Corps, and Coast Guard, responsible for defense and national security.

Military Draft

The compulsory enlistment of individuals into the armed forces by a government.