A preliminary notice was filed by a contractor 40 days after work started. The period covered by a subsequent lien would start
A. with the notice.
B. 20 days before notice.
C. 20 days after notice.
D. at none of these times.
Answer: B. 20 days before notice.
Business
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Anyone who interacts with or who is involved with the database is called:
A) A manager B) A customer C) A stakeholder D) A database developer
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A machine is purchased for $575,000 and is used through the end of Year 2. The machine will be depreciated using the 3-Year MACRS schedule. At the end of Year 2, the machine is sold for $75,000
What is the after-tax cash flow from the sale of the machine at the end of Year 2 if the firm's marginal tax rate is 35%? A) $42,608 B) $15,916 C) $32,392 D) $63,663
Business