Gordon paid the $10,000 balance of his Federal income tax three months late. Determine the interest rate that applies relative to this amount for the current period, using the first quarter 2019 rates. (Ignore daily compounding of interest.) Interest Rate (%) a. Gordon is an individual. % b. Gordon is a C corporation. % c. The $10,000 is not a tax that is due, but is a refund payable by the IRS to Gordon (an individual). % d. The $10,000 is not a tax that is due, but is a refund payable by the IRS to Gordon (a C corporation). %

Evelyn would like to open a small business that is categorized as a being in the distribution industry. to do this she could open a establishment.

Oakmont company has an opportunity to manufacture and sell a new product for a four-year period. the company’s discount rate is 18%. after careful study, oakmont estimated the following costs and revenues for the new product: cost of equipment needed $ 230,000 working capital needed $ 84,000 overhaul of the equipment in year two $ 9,000 salvage value of the equipment in four years $ 12,000 annual revenues and costs: sales revenues $ 400,000 variable expenses $ 195,000 fixed out-of-pocket operating costs $ 85,000 when the project concludes in four years the working capital will be released for investment elsewhere within the company. click here to view exhibit 12b-1 and exhibit 12b-2, to determine the appropriate discount factor(s) using tables.

Match the different financial task to their corresponding financial life cycle phases