Your Firm Is Considering Leasing a New Computer

question 15

Multiple Choice

Your firm is considering leasing a new computer. The lease lasts for 9 years. The lease calls for 10 payments of $1,000 per year with the first payment occurring immediately. The computer would cost $7,650 to buy and would be straight-line depreciated to a zero salvage value over 9 years. The actual salvage value is negligible because of technological obsolescence. The firm can borrow at a rate of 8%. The corporate tax rate is 30%.
-What would the after-tax cash flow in year 9 be if the asset had a residual value of $500 (ignoring any possible risk differences) ?

• A)$-605
• B)$-955
• C)$-1,455
• D)$-1,305
• E)None of the above

Insight into the validity concerns of recovered memories and the role of the misinformation effect.

Understanding the process of false memory creation and distinguishing between types of events susceptible to false recollections.

Awareness of gender differences in the experiences of abuse and their memory implications.

Knowledge of procedural memory and its distinction from other memory types.

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Definitions:

Independent Agency

A governmental body that operates independently from the executive branch and is not subject to its direct control.

State

A politically organized body of people usually occupying a definite territory; especially one that is sovereign.

Local Government Employees

Workers employed by municipal, county, or district authorities to provide services at the local level, including education, public safety, and infrastructure maintenance.

Civil Service Act

Legislation intended to secure a competent, honest, and impartial government workforce, often by means of a merit system.