Sue is a small business owner who often gives gifts to clients. she gives a $40 gift to her client, mr. smith, and his wife. sue spent $6 to wrap the gift. she also gave out 400 calendars with her company name on them. each calendar cost $1. sue also gave her secretary a $370 watch for his 10 years of service. how much of the above expenses may she deduct?

Lambert manufacturing has $100,000 to invest in either project a or project b. the following data are available on these projects (ignore income taxes.): project a project b cost of equipment needed now $100,000 $60,000 working capital investment needed now - $40,000 annual cash operating inflows $40,000 $35,000 salvage value of equipment in 6 years $10,000 - both projects will have a useful life of 6 years and the total cost approach to net present value analysis. at the end of 6 years, the working capital investment will be released for use elsewhere. lambert's required rate of return is 14%. the net present value of project b is:

Which of the following would be an accurate statement about achieving a balanced budget

Considered alone, which of the following would increase a company's current ratio? a. an increase in net fixed assets. b. an increase in accrued liabilities. c. an increase in notes payable. d. an increase in accounts receivable. e. an increase in accounts payable.