The management of l corporation is considering a project that would require an investment of $225,000 and would last for 6 years. the annual net operating income from the project would be $115,000, which includes depreciation of $32,000. the cash inflows occur evenly throughout the year. the payback period of the project is closest to (ignore income taxes.): multiple choice 0 2.0 years 0 1.5 years 0 1.6 years 0 1.4 years

Telecom co. enters into a two-year contract with a customer to provide wireless service (voice and data) for $40 per month. to induce customers, telecom co. provides a free phone. telecom co. normally sells the phone on a stand-alone basis for $200. telecom co. also charges the customer a one-time activation fee of $35.which of the following is true? a) there are two distinct performance obligations: the voice service and the data service b) the free phone constitutes as a marketing expense c) the activation fee is a separate performance obligationd) there are two distinct performance obligations: the wireless services and the phone