1. All of the items below are examples of intangibles, except: a. Company name b. Artistic-related assets c. Customer and subscriber lists d. Patents and trademarks.
2. Frelcy enterprises is considering two different development plans for an old building they own and want to restore. the building was purchased five years age for $237,500. the first plan is to create an excutive resort and conference center at an estimated cost of $2.1 million. the second plan is to devlop luxury apartment with a total cost of $3.4 million. of course, there is always the third option, and that is to take the offer they just received of $275,000 and sell the property. which one of the following values represent the opportunity cost of this project?
a. $237,500
b. $275,000
c. $2,337,500
d. $3,637,500
e. $3,675,000
3. If you go to H&R Block and get your refund of $1000 instead of waiting six months for the IRS to refund it to you, what effective annual rate of interest have you paid for this service if they charge you 10% of the refunded amount?? Please show work.