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Oduvanchick [21]
3 years ago
13

Vasudevan Inc. recently reported operating income of $2.30 million, depreciation of $1.20 million, and had a tax rate of 25%. Th

e firm's expenditures on fixed assets and net operating working capital totaled $0.60 million. How much was its free cash flow, in millions?
Business
1 answer:
Korvikt [17]3 years ago
4 0

Answer:

free cash flow is 2.352 million

Explanation:

Given data:

operating income is $2.30 million

depreciation $1.20

tax rate is 25%

free cash flow is calculated by using below formula

free cash flow = operating  income ( 1- Tax) + depreciation -  fixed working capital

                       = 2.75( 1 - 0.25) + 1.20 - 0.6

                       = 2.352 million

free cash flow is 2.352 million

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Answer:

B) They should demonstrate how their product will help the customers achieve personal status and recognition.

Explanation:

The social style matrix uses personality traits to categorize customers. It divides people into four categories:

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2 years ago
You purchase a 30-year, zero-coupon bond for a price of $25. The bond will pay back $100 after
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Answer:

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Explanation:

given data

present value = $25

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to find out

annual compounded return

solution

we get here annual compounded return that is express as

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here t is time period and FV is future value and PV is present value

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so correct option is D) 4.73%

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The primary goal of the consumer financial protection bureau is everfi answer
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