1. A company records an entry to record $15,000 depreciation expense. Which of the following describes the entry?
A. Increase Property Plant and Equipment and increase Depreciation expense
B. Increase Depreciation expense and Increase Accumulated Depreciation- Property Plant and Equipment
C. Increase Property Plant and Equipment and Decrease Cash
D. Increase Depreciation expense and Decrease Cash
2. Assume a project has cash flows of -$251,300, $118,200, $137,300, and $114,300 for years 0 to 3, respectively. What is the profitability index given a required return of 12.5 percent?
Give a real-life example of one of the five communication corollaries (truthful communication; straw person fallacy; red herring strategy etc..).
250 words (please no plagiarism).