Companies do not report changes in the fair value of available-for-sale debt securities as income until the security is sold

Ajax Corporation is planning a 10 year project that will have an initial cost of $500,000. During the first 2 years, there will be cash outflows of $40,000. Years 3-6 will see cash inflows of $120,000. Years 7-10 will see cash inflows of $200,000. If the company's required rate of return is 9%, determine the NPV of the project.

A) $500,000 B) $225,650 C) $143,200 D) $375,800

Which of the following would most likely be part of a behavioral interview?

A) How are you feeling and acting today? B) Describe for me a time when you solved a tough problem under a time deadline. C) Tell me about your record of attendance and punctuality. D) What type of animal do you admire the most?