Fool Proof Software Is Considering a New Project Whose Data

question 56

Multiple Choice

Fool Proof Software is considering a new project whose data are shown below. The equipment has an economic life of 3 years, and is in the CCA class 10 (30%) . Revenues and cash operating costs are expected to be constant over the project's 3-year life. What is the net operating cash flow for Year 1? Equipment cost$65,000
Annual sales revenues$60,000
Annual cash operating costs$25,000
Tax rate35.0%

• A) $26,162.50
• B) $28,770.00
• C) $30,359.25
• D) $25,275.50

---

Definitions:

Integrating Body

The concept of bringing together various aspects of physical wellness and fitness to achieve overall health and well-being.

Structural Model

In psychology, a theory that describes the arrangement and interaction of the mind's various parts, such as Freud's id, ego, and superego.

Psychosocial Perspectives

An approach in psychology that considers the combined influence of psychological factors and the surrounding social environment on the behavior of individuals.

Schizophrenia

A significant mental dysfunction presenting with disturbances in cognitive functions, perception, emotions, language skills, sense of identity, and behavioral patterns.