common-size statements a. create a dollar value bias b. allow the users to compare numbers in relative terms rather than absolute amounts c. report dollar amounts and percentages d. show the same percentages that appear in a horizontal analysis

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak

Which curve shows increasing opportunity cost as you give up more of one option? demand curve bow-shaped curve yield curve indifference curve

Russell's is considering purchasing $697,400 of equipment for a four-year project. the equipment falls in the five-year macrs class with annual percentages of .2, .32, .192, .1152, .1152, and .0576 for years 1 to 6, respectively. at the end of the project the equipment can be sold for an estimated $135,000. the required return is 13.2 percent and the tax rate is 23 percent. what is the amount of the aftertax salvage value of the equipment assuming no bonus depreciation is taken