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First year revenues Second year revenues Expenses (Including depreciation) Initial time-zero (net) fixed assets Depreciation Accounts payable (years 1 and 2) Corporate Marginal tax Accrued

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First year revenues Second year revenues Expenses (Including depreciation) Initial time-zero (net) fixed assets Depreciation Accounts payable (years 1 and 2) Corporate Marginal tax Accrued Expenses (years 1 and 2) Required Cash $10,000 $ 20,000 $ 80,000 per year $ 30,000 10% of beginning-of-year-net fixed assets $800 30% $200 $4000 Assume also an initial asset investment in year 0 of $30000 which is equity financed. 31. What is the venture's year: net profit for the first and second (a) $80000 & -$70000 (b) -$50000 & -$40000 (c) -$70000 & -$60000 (d) -$50000 & -$60000 (e) -$70000 & -$70000 is the ventures Total Assets in 32. What 2: year 0, 1 & (a) $30000 & -$39000 & -$99000 (b) $30000 & -$40000 & -$130000 (c) $0 & -$40000 & -$100000 (d) $40000 & -$50000 & -$120000 (e) $30000 & -$40000 & -$80000 is the accumulated depreciation in 33. What 2: Uie) (a) -$3000 & -$5700 (b) -$3000 & $2700 (c) -$0 & -$3000 (d) -$3000 & 0 (e) None of the above

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