All but Which One of the Following Would Be Exempt

question 7

Multiple Choice

All but which one of the following would be exempt from bankruptcy under the federal law?

• A) $500 received in child support.
• B) A $300 cocktail ring.
• C) A $200 cashmere sweater.
• D) A $10,000 truck.

Understand and apply straight-line depreciation in project analysis.

Calculate the internal rate of return (IRR) and simple rate of return (SRR) for investment projects.

Rank investment projects based on profitability index.

Estimate annual cost savings and revenue requirements for investment justification.