A Company Needs an Increase in Working Capital of $30,000

question 14

Multiple Choice

A company needs an increase in working capital of $30,000 in a project that will last 2 years. The company's tax rate is 30% and its discount rate is 14%. The present value of the release of the working capital at the end of the project is closest to:

• A) $16,159
• B) $9,000
• C) $21,000
• D) $23,084

---

Definitions:

Phylogenetic Species Concept

The phylogenetic species concept is the idea that species are the smallest possible groups whose members are descended from a common ancestor and who all possess defining or derived characteristics that distinguish them from other such groups.

Biological Species Concept

Holds that species are groups of actually (or potentially) interbreeding natural populations that are reproductively isolated from other such groups.

General Lineage Species Concept

The general lineage species concept is the idea that species are metapopulations of organisms that exchange alleles frequently enough that they constitute the same gene pool and therefore the same evolutionary lineage.

Biological

Pertaining to the science of life and living organisms, including their structure, function, growth, origin, evolution, and distribution.