Given the following net cash flows, determine the IRR of the project: (to the nearest whole percent)

Buying property, plant, and equipment for cash is considered a cash outflow for the financing activities section of the statement of cash flows

Indicate whether the statement is true or false

Which of the following is not an allowable deduction against a decedent's gross estate?

A. Administration and funeral expenses. B. Claims against the estate. C. Penalty incurred as the result of a late payment of the federal estate tax. D. Casualty and theft losses.