Common stock does not mature

Indicate whether the statement is true or false

TRUE

Business

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Marie's Fashions is considering a project that will require $28,000 in net working capital and $87,000 in fixed assets. The project is expected to produce annual sales of $75,000 with associated costs of $57,000. The project has a 5-year life. The company uses straight-line depreciation to a zero book value over the life of the project. The tax rate is 30 percent. What is the operating cash flow for this project?

A. -$1,520 B. -$580 C. $420 D. $15,680 E. $17,820

Business

A firm that serves small market segments that are not being served by bigger firms is known as a ________

A) market challenger B) market leader C) market follower D) market nicher E) market entrant

Business