Answer:
c. I, II, and III only
Explanation:
As we know that
Free cash flow = Earnings before Interest and Taxes × (1-Tax Rate) + Amortization and Depreciation expense - Change in Net Working Capital -Capital Expenditure
And, the Net income is determined after considering all cash and non cash expenses.
Therefore, I, II and III statements are considered
Hence, the option c is correct
Very true, If it weren't to do this, it would defeat its purpose.
A recession is when the inflation rate is low.. prices are falling dramatically in the market
Answer:
$7,680
Explanation:
The computation of the sales revenue in April month is shown below:
= Sales revenue - discount
where,
Sales revenue = Number of horseshoes × price per shoe
= 4,000 horseshoes × $2
= $8,000
And, the discount equal to
= Sales revenue × discount percentage
= 8,000 horseshoes × 2%
= 3$20
Now put these values to the above formula
So, the value would be equal to
= $8,000 - $320
= $7,680
