What's the point of a budget? Option A It's a way to track your spending and work toward your saving goals. Option B It's a replacement for opening checking and saving accounts at your bank. Option C To keep your parents off of your back. Option D To help you decide how much or how little you need to work.

Consider a firm with a contract to sell an asset for $149,000 four years from now. the asset costs $85,000 to produce today. a. given a relevant discount rate of 14 percent per year, calculate the profit the firm will make on this asset. (a loss should be indicated by a minus sign. do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) b. at what rate does the firm just break even?