Answer:
net income exceeded the free cash flows by $550 million
Explanation:
net income = ($8,250 - $5,750 - $1,000 - $160) x (1 - 35%) = $871 million
net cash flows:
operating activities = $871 + $1,000 - $300 = $1,571
investing activities = ($1,250)
net cash increase during the year = $321 million
net income exceeded the free cash flows by $871 - $321 = $550 million
Answer:<u> </u><u><em>Relevant cost of new preferred stock = 10.53%</em></u>
Explanation:
Given:
Dividend = $4.00 per share
Selling for = $40 per share.
Flotation costs = 5% of the selling price.
Marginal tax rate is 30%.
We can compute the cost of new preferred stocks using the following formula:


∴ Relevant cost of new preferred stock = 10.53%
Therefore, the correct option is (d)
It is C: Airlines
under the airlines deregulation act, the federal law removed the government's control over fares route and market entry however the act should not remove or diminish overall aspect of air safety by the federal aviation administration.
<span>The correct option is,"Safe harbor".
The U.S. Department of Commerce developed a safe harbor framework in order to enable U.S. businesses to legally use personal data from EU countries.
</span>Safe Harbor refers to an agreement that is between the United States Department of Commerce and the European Union that directed in such a way that U.S. organizations could export and handle the individual information and personal data of European nationals.