5.16 cubic yards is the answer.
Answer:
Crimson may not be able to deduct any of the cost incurred. In other words these expenses are inadmissible.
Explanation:
As per scenario given in the above question, Crimson Inc., may not be able to deduct any cost which is incurred related to the entertainment expenses because many changes has been made in the tax cuts and Jobs act,2017. These changes does not allowed deduction of the entertainment and business meals expenses.
In the year 2018, the entertainment expenses could not be deducted according to the tax laws applicable on the companies. Thus, the costs will not be deducted.
Answer:
The project never pays back
Explanation:
The break even point in cash is a point where the minimum revenue amount of the firm arise from sales that are needed to generate the business by having the positive cash flows
hence, the break even point in cash represents that the project will never pays back the invested amount
Therefore all the other options are wrong
