What is the present value at a 10 percent discount rate of the depreciation tax shield for a firm in the 35 percent tax bracket that purchases a $50,000 asset being depreciated at 15 percent declining balance with a half-year rule, disposed from the existing asset pool at zero?

If not renewed, how long does the ownership of a trade or service mark last?

a. 3 years b. 5 years c. 10 years d. 20 years

Linda owns a bakery and wants to hire Bill, a Web-page developer, to create a new site for her company. Linda does not need Bill on staff permanently. Bill would be considered a(n) ________

A) contingent worker B) independent contractor C) permanent part-time worker D) flextime worker E) telecommuter