XYZ Corporation is contemplating the replacement of an existing asset used in the operation of its business. The original cost of this asset was $36,000; since date of acquisition, the company has taken a total of $28,000 of depreciation expense on this asset. The current disposal (market) value of this asset is estimated as $17,000. XYZ is subject to a combined income tax rate, t, of 26%. What is the projected after-tax cash flow associated with the sale of the existing asset, rounded to nearest hundred dollars?

Up-a-Creek, Inc., needed some long-term financing and arranged for a 6-year, $60,000, 12% mortgage loan on January 1, Year 1. Annual payments of $14,594 will be made on December 31 each year. For each item, select the amount as of or for the Year Ended December 31, Year 1, in the column of the one financial statement where each amount is found. What is Notes Payable?

A. $(14,594); Statement of Cash Flows (financing activities section) B. $(7,200); Income Statement C. $52,606; Balance Sheet D. $(7,200); Statement of Cash Flows (operating activities section) E. $45,406; Balance Sheet F. $(7,394); Statement of Cash Flows (financing activities section) G. $60,000; Balance Sheet H. $(7,394); Income Statement I. $(14,594); Income Statement

When a company views and organizes its marketing activities from only the consumer's point of view, it is practicing societal marketing

Indicate whether the statement is true or false