<span>A photograph of a person picking up a baby from a stroller to soothe her is printed next to an article about the abduction of babies. The type of ethical violation is that this is </span><span>infringing on a photograph. The photo will violate the right of the baby which is only picked by the photographer randomly. So the photograph will be sued by infringement. </span>
Im guessing a retirement account and cd!
Answer:
Interest= $1000000
Explanation:
The general structure of an income statement proceeds as follow:
Revenue/Sales (+)
Cost of Goods Sold (COGS) (-)
=Gross Profit
Marketing, Advertising, and Promotion Expenses (-)
General and Administrative (G&A) Expenses (-)
=EBITDA
Depreciation & Amortization Expense (-)
=Operating Income or EBIT
Interest (-)
Other Expenses (-)
=EBT (Pre-Tax Income)
Income Taxes (-)
=Net Income
<u>In this exercise:</u>
EBIT= $6000000
interest= ?
tax=? (0,40)
EBITDA=$3000000
interest= [EBITDA/(1-t)]-EBIT
interest=3000000/0,60-6000000=-$1000000
EBIT= 6million
Interest= 1million
Tax=2million (EBIT-interest)*0,40
Net income=3million
Explanation:
The computation of the free cash flow is shown below:
Free cash flow = Cash flow from operating activities - capital expenditure - common stock dividend - preferred stock dividend
= $9 million - $5.5 million - $0.60 million - $0.20 million
= $2.70 million
The free cash flow represents the remaining cash flow left after paying the capital expenditure, operating expenses, etc
So, it would be used for special financing activities like leverage buyout
