A local engineering firm here in Stillwater does residential development planning for the City of Stillwater. Their primary services are street design, storm water run-off, and municipal water/sewage system design. Their taxable income last year was $250,000 primarily from the North Country Club Drive project. This year they expect to increase their taxable income by an additional $175,000 from the Western Road project and expansion in the Berry Hill housing addition. Based on the information provided determine the following: Answer questions 1 - 4 below. What is the effective tax rate on all of last year's taxable income?
A. 38.25%
B. 32.30%
C. 27.15%
D. 18,60%

Agood for which demand increases as income rises is and a good for which demand increases as income falls is

About time delivery co. incurred the following costs related to trucks and vans used in operating its delivery service: classify each of the costs as a capital expenditure or a revenue expenditure. 1. changed the oil and greased the joints of all the trucks and vans. 2. changed the radiator fluid on a truck that had been in service for the past four years. 3. installed a hydraulic lift to a van. 4. installed security systems on four of the newer trucks. 5. overhaul the engine on one of the trucks purchased three years ago. 6. rebuilt the transmission on one of the vans that had been driven 40,000 miles. the van was no longer under warranty. 7. removed a two-way radio from one of the trucks and installed a new radio with a greater range of communication. 8. repaired a flat tire on one of the vans. 9. replaced a truck's suspension system with a new suspension system that allows for the delivery of heavier loads. 10. tinted the back and side windows of one of the vans to discourage theft of contents.

1. is the act of declaring a drivers license void and terminated when it is determined that the license was issued through error or fraud.