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Question - An investment project is expected to yield $10,000 in annual revenues, has $2,000 in fixed costs per year, and requires an initial investment of $5,000. Given a cost of goods sold of 60 percent of sales, what is the payback period in years?
a. 2.50
b. 2.00
c. 5.00
d. 1.25
The property has a fair market value of $75,000 on the date of the contribution. What is the partnership's basis in the property contributed by Nan
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last month 75000 pounds of direct material were purchased and 71000 pounds were used if the actual purchase price per
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