Charlie's Construction Co acquired a new $800,000 backhoe on April 1, 2014. Charlie's will make six annual payments based upon 8% interest compounded annually, starting on March 31, 2015. How much will each payment be?

Operating losses incurred during the start-up years of a new business should be

a. accounted for and reported like the operating losses of any other business. b. written off directly against retained earnings. c. capitalized as a deferred charge and amortized over five years. d. capitalized as an intangible asset and amortized over a period not to exceed 20 years.

Evidence suggests that two-sided arguments work best when:

a. The audience is not well-educated b. The audience will not be exposed to any other form of counterpersuasion c. The audience initially agrees with your position d. You want your message to endure e. None of the above