The New Watch Times is considering a new printing press to increase its productive capacity. If the cost of the press is $500,000 and the relevant cash flows from the project are $75,000 per year over the next ten years, what is the payback period?

A company began the year with $200,000 in cash. For the year it achieved $1,000,000 in revenue. Its variable costs are $700,000 and fixed costs (including interest) $350,000. Assume no depreciation (i.e., no equipment). It pays $50,000 in dividends. Which of the following result?

a) It suffered a net loss of $50,000 and its new book value is lower by $100,000 b) It suffered a net loss of $50,000 and its new book value is lower by $50,000. c) It suffered a net loss of $100,000 and its new book value is lower by $50,000. d) It suffered a net loss of $100,000 and its new book value is lower by $100,000

Lenders can charge interests set higher than the state limit

Indicate whether the statement is true or false