1. A good consultant should have many specialties. How do entrepreneurs go about finding a good consultant for their business?

2. How can Board Advisors add value to any venture? What criteria would you use to select such advisors?

3. XYZ Corp bought a piece of equipment for $40,000 3 years ago. It is being depreciated straight-line to 4,000 salvage over 5 years. It can be sold today for $18,000. What is the estimated after-tax cash flow if the equipment is sold today? The tax rate is 30%.

$18,400

$ 18,120

$17,920

$17,400