The Wet Corp

question 90

Multiple Choice

The Wet Corp. has an investment project that will reduce expenses by $25,000 per year for three years. The project's cost is $55,000. If the asset is part of the three-year MACRS category (33% first year depreciation) and the company's tax rate is 34%, what is the cash flow from the project in year 1?

• A)$16,800
• B)$15,100
• C)$22,671
• D)$16,667

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Definitions:

Leadership Roles

The specific responsibilities and expectations associated with individuals in positions of influence within an organization.

Collective Efficacy

The shared belief in the capability of a group to achieve its goals and successfully execute tasks together.

Political Skill

The ability to effectively understand others at work, and to use such knowledge to influence others to act in ways that enhance one’s personal and/or organizational objectives.

Developing Coalitions

The process of forming alliances or partnerships among individuals or groups to achieve shared goals or tackle common challenges.