SQL views are constructed from ________

Standard Corporation is investing $400,000 of fixed capital in a project that will be depreciated straight-line to zero over its 10-year life. Annual sales are expected to be $240,000, and annual cash operating expenses are expected to be $110,000. An investment of $40,000 in net working capital is required over the project’s life. The corporate income tax rate is 30 percent. What is the after-tax operating cash flow expected in year one?

A. $63,000. B. $92,000. C. $103,000

The production cost report for Department 2 shows that $454,000 was assigned to the 50,000 units transferred to Finished Goods Inventory. Cost of goods manufactured equals $454,000

Indicate whether the statement is true or false