Multiple Choice A company is considering a new 6-year project that will have annual sales of $225,000 and costs of $140,000. The project will require fixed assets of $259,000, which will be depreciated on a 5-year MACRS schedule. The annual depreciation percentages are 20.00 percent, 32.00 percent, 19.20 percent, 11.52 percent, 11.52 percent, and 5.76 percent, respectively. The company has a tax rate of 34 percent. What is the operating cash flow for Year 2? $70,777 ○ $73,008 O $66,245

Explain the Key Provisions of the Sarbanes-Oxley Act.

What is the meaning of Intestate?

Nepal Co. requires advance payments with special orders for machinery constructed to customer specifications. These advances are nonrefundable. Information for Year 2 is as follows: Customer advances--balance 12/31/Year 1 Advances received with orders in Year 2 $236,000 $368,000 Advances applied to orders shipped in Year 2 $328,000 Advances applicable to orders canceled in Year 2 $100,000 In Nepal's December 31, Year 2, balance sheet, what amount should be reported as a current liability for advances from customers? Select one: a. $0 b. $176,000 c. $276.000 d. $296,000

why did you not answer b?

Should they accept this special order?