Ellis dover is a scout for a major league baseball team based in phoenix, arizona. ellis needs to travel to los angeles, california on june 1st to perform a variety of professional functions prior to the team travelling to los angeles to play. if ellis flies, he could catch a 6 a. m. flight on june 1st. in order to perform all of his professional responsibilities, ellis will need to spend the night and catch a flight on june 2nd to return to phoenix. if ellis flies, he will need to rent a car for $38 per day. to cover meals and other incidental expenses, ellis will receive $45 per day (per diem) for each day he works out of town. flights between phoenix and los angeles can be purchased for $89 one way. phoenix is approximately 300 miles from los angeles, a 5-hour drive at speed limits permitted on the freeways connecting the two cities. if he drives from phoenix to los angeles, ellis would need to leave the afternoon of may 31st and would be reimbursed $.50 per mile. he would need to spend 2 nights in a hotel, the night of may 31st and the night of june 1st. he would return to phoenix by car on june 2nd. the hotel used by the team charges $160 per night. what is the incremental cost of driving over flying?
a : $101
b : $251
c : $116
d : $296

Georgia's gross pay was 35,600 this year she is to pay a federal income tax of 16% how much should georgia pay in federal income ax this year

Why has the free enterprise system been modified to include some government intervention?

Shrieves casting company is considering adding a new line to its product mix, and the capital budgeting analysis is being conducted by sidney johnson, a recently graduated mba. the production line would be set up in unused space in the main plant. the machinery’s invoice price would be approximately $200,000, another $10,000 in shipping charges would be required, and it would cost an additional $30,000 to install the equipment. the machinery has an economic life of 4 years, and shrieves has obtained a special tax ruling that places the equipment in the macrs 3-year class. the machinery is expected to have a salvage value of $25,000 after 4 years of use. the new line would generate incremental sales of 1,250 units per year for 4 years at an incremental cost of $100 per unit in the first year, excluding depreciation. each unit can be sold for $200 in the first year. the sales price and cost are both expected to increase by 3% per year due to inflation. further, to handle the new line, the firm’s net working capital would have to increase by an amount equal to 12% of sales revenues. the firm’s tax rate is 40%, and its overall weighted average cost of capital, which is the risk-adjusted cost of capital for an average project (r), is 10%. define “incremental cash flow.” (1) should you subtract interest expense or dividends when calculating project cash flow?