When making financial decisions, managers should always look at marginal, or incremental cash

The Nile Group is owed $1,000,000 by Scorpion Enterprises under an 8% note with three years remaining to maturity. The prior year of interest was unpaid. Nile estimates that it is probable that it will only receive amounts equal to a present value of $880,000. The journal entry that O'Hara would make to record this transaction would include an impairment loss of:

A) $0.
B) $80,000.
C) $200,000.
D) $220,000.

According to Table M7-1, all of the resources are being used. If the amount of resource B were changed from 96 to 97, then the maximum possible total profit would be

A) 416. B) 417. C) 419. D) 420. E) None of the above