Which of the following is NOT a primary activity in project identification?

For a firm facing a marginal income tax rate of 30%, what is the after-tax cash flow effect of: (a) a $2,600 increase in contribution margin during the year, and (b) a $1,000 increase in cash operating expenses?

(a) Effect on after-tax flow to contribution margin: (b) Effect on after-tax cash flow to cash operating Expenses:

If the sellers agent informs the buyer that the seller will take less than list price, she has violated which of her duties to the seller?

a. honest and fair dealing b. disclosure of material facts c. fiduciary d. All of the above