In a draft transaction, the payee or the drawer is allowed to freely transfer drafts as a negotiable instrument to another party

Refer to Exhibit 14-1. Assume that NOK8,000,000 of the cash flow in year 4 represents the salvage value. Baps is not completely certain that the salvage value will be this amount and wishes to determine the break-even salvage value, which is $____.

a. 510,088.04 b. 1,710,088 c. 1,040,000 d. none of the above

A person that becomes statically charged can damage electronic equipment by an electric discharge

Indicate whether the statement is true or false.