Kiosk marketing connects users around the world to each other and to an amazingly large information repository

With regard to Amy's lease in #17: A) It need not be in writing to be valid

B) The lease must be in writing. C) The statute of frauds does not apply to leases. D) It is a periodic lease.

A drill press costs $30,000 and is expected to have a 10-year life. The drill press will be depreciated on a straight-line basis over 10 years to a zero estimated salvage value. This machine is expected to reduce the firm's cash operating costs by $4,500 per year. If the firm is in the 40 percent marginal tax bracket, determine the annual net cash flows generated by the drill press

A) $4,500 B) $900 C) $5,700 D) $3,900