Refer to Fact Pattern 9B-2. CallTalk wants to sue Call&Talk for its unauthorized use of the domain name "callltalk.". Before bringing the suit, CallTalk has to ask the court for a subpoena to discover
a. the true identity of the owner of the unauthorized site.
b. the amount of the profits of the unauthorized site.
c. the estimated costs of the court proceedings and discovery.
d. all of the registered variations of the name "calltalk.".
A
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Since service industries do not produce a tangible product, often customer satisfaction may be a matter of __________
a. perception b. price c. personality d. client interaction
Brandon Company is contemplating the purchase of a new piece of equipment for $45,000. Brandon is in the 40% income tax bracket. Predicted annual after-tax cash inflows from this investment are $28,000, $11,000, $3,000, $5,000 and $2,000 for years 1 through 5, respectively. The firm uses straight-line depreciation with no residual value at the end of five years.
The payback period in years (rounded to the nearest 10th of a year) for this proposed investment is (assume that the after-tax cash inflows occur evenly throughout the year):