(Appendix 8C)A Company Needs an Increase in Working Capital of $20

question 95

Multiple Choice

(Appendix 8C) A company needs an increase in working capital of $20, 000 in a project that will last 4 years.The company's tax rate is 30% and its after-tax discount rate is 10%.The present value of the release of the working capital at the end of the project is closest to:

• A)$6, 000
• B)$13, 660
• C)$9, 562
• D)$14, 000

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Definitions:

Marriage of Necessity

A marriage formed not out of love but out of practical or urgent needs.

Colonial Woman

Refers to women who lived in the colonial period, experiencing distinct roles, rights, and societal expectations, often defined by the norms of the colonial power.