a. What amount of research and experimental expenses for 2023, 2024, and 2025 may Bethany deduct? Note: Round your final answers to the nearest whole dollar amount.

Which set of cahs flows is worth more now? Assume that your grandmother wants to give you a generous gift. She wants you to choose which one of the following sets of cash flows you would like to receive: Option A: Receive a one-time gift of $10, 000 today. Option B: Receive a $1400 gift each year for the next 10 years. The first $1400 would be received 1 year from today. Option C: Receive a one-time gift of $17,000 10 years from today. Compute the Present Value of each of these options if you expect the interest rate to be 3% annually for the next 10 years. Which of these options does financial theory suggest you should choose? Option A would be worth $? today. Option B would be worth $? today. Option C would be worth $? today. Financial theory supports choosing Option ?

Patricia Gomez owns a company called Ceram-Lite which manufactures ceramic kitchenware. Over the past 10 years, Ceram-Lite has enjoyed steady growth. However, recently, there has been increased competition in kitchenware as a result of successful TV shows like Celebrity Chef. Gomez, Ceram-Lite's CEO, believes an aggressive strategy will be needed to meet the company's goals. You have been provided with the following information for the current year (2022) for Ceram- Lite's flagship Dutch Oven dish, which Gomez has indicated will be the focus product for the upcoming holiday season: Variable Costs (per dutch oven) Direct Materials Direct Manufacturing Labour Variable Overhead (manufacturing, marketing, distribution, and customer service) Total Variable cost per dutch oven Fixed Costs Selling Price Expected Sales Income tax rate Manufacturing Marketing, distribution, and customer service Total Fixed Costs 50,000 units 555 $ $ $ 18 30 28 76 $ 18,000 $ 155,760 $ 173,760 $ 88 $4,399,500 38%

Tommy will receive a royalty payment of $ 28699 per year for the next 25 years, beginning one year from now, as a result of an app he has developed. If a discount rate of 6 percent is applied, how much are the future rights worth now? (Use excel function)