Crossroad corporation is trying to decide whether to invest to automate a production line. if the project is accepted, labor costs will decrease by $165,000 per year. however, other cash operating expenses will increase by $86,000 per year. the equipment will cost $260,000 and is depreciable over 10 years using simplified straight line to a zero salvage value. crossroad will invest $10,000 in net working capital at installation. the firm has a marginal tax rate of 34%. calculate the firm's annual cash flows associated with the new project.

Awidower devised his fee simple interest in his residence as follows: “to my daughter for life, then to my oldest grandchild who survives her.” at the time of the widower’s death, he was survived by his only two children, a son and a daughter, and by one grandchild, his daughter’s son. a short time later, the daughter together with her son entered into a contract to sell the residence in fee simple to a buyer. the applicable jurisdiction continues to follow the common law rule against perpetuities, but has abrogated the rule in shelley’s case. at the closing, the buyer refused to purchase the residence. can the sellers compel the buyer to do so?

When the federal reserve buys and sells bonds to member banks, it is called a. monetary policy b. reserve ratio c. interest rate adjustment d. open market operations

When an interest-bearing note comes due and is uncollectible, the journal entry includes debitingaccounts receivable and crediting notes receivable and interest revenue.accounts receivable and crediting interest revenue.notes receivable and crediting accounts receivable and interest revenue.notes receivable and crediting accounts receivable.