. Omaha, Inc., is expected to have the following cash revenues and expenses (other than depreciation) in 20×7:


Sales $79,500    Depreciation expense $ 5,000

Selling, general, and     Income tax expense 3,000

 administrative expenses     Cost of goods sold 45,000

 (excluding depreciation) 10,000  


Omaha’s estimated 20×7 net cash flows are

A) $11,500.

B) $18,500.

C) $16,500.

D) $21,500.


. Qualitative factors used by decision makers include all of the following except

A) revenue from fees.

B) timeliness.

C) competition.

D) social issues.