Before Cecilia can begin her part of the project, Neil and Harrison have to complete their parts. This could be described as ______.

What is the undiscounted cash flow in the final year of an investment, assuming: 10,000 after-tax cash flows from operations, the fully depreciated machine, the sole asset in the pool, is sold for $1,000, the project had required $2,000 in additional working capital, and a 35 percent tax rate?

A) $14,000 B) $12,600 C) $12,650 D) $8,450

Which of the following statements regarding life insurance applications is NOT correct?

A) The application must be carefully reviewed by the agent for completeness. B) Completed applications contain personal information, which must be protected. C) The application may not be altered without the change being initialed by the applicant. D) Statements made by the applicant on the application are considered to be warranties."