Under the Model Business Corporations Act, a director who is sued in connection with his/her duties to the corporation may be indemnified by the corporation when: a. the director failed to act in the best interests of the corporation.
b. the director received unqualified financial benefits.
c. the director acted in good faith and his conduct was lawful.
d. the director's actions were grossly negligent but not intentional.

The silverside company is considering investing in two alternative projects: project 1 project 2 investment $500,000 $240,000 useful life (years) 8 7 estimated annual net cash inflows for useful life $120,000 $40,000 residual value $32,000 $10,000 depreciation method straightminusline straightminusline required rate of return 11% 8% what is the accounting rate of return for project 2? (round any intermediary calculations to the nearest dollar, and round your final answer to the nearest hundredth of a percent, x. xx%.)

The simple interest in a loan of $200 at 10 percent interest per year is

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