Answer:
$2.4 million
Explanation:
Given that
Earnings before interest and tax (EBIT) = 3 million
Depreciation = 1.2 million
Tax rate = 40%
Capital expenditure + Net operating working capital (NOWC) = 0.6 million
Recall that
Free cash flow = EBIT (1 - T) + depreciation - ( Capital expenditure + NOWC)
Therefore,
FCF = 3 (1 - 0.4) + 1.2 - 0.6
= 1.8 + 1.2 - 0.6
= 3.0 - 0.6
= $2.4 million
Tax Cuts and Jobs Act is an example of Expansionary fiscal policy because it is a policy of tax cuts and increased government spending on various projects.
Basically, the Tax Cuts & Jobs Act which was enacted under President Donald Trump changed the rate of deductions, depreciation, tax credits and things that affect businesses owners.
- The Tax Cuts & Jobs Act also provide that a tax credit to provided to employers that paid family and medical leave to its employees
Therefore, the Option B is correct because the Expansionary fiscal policy includes policy of tax cuts and increased government spending on various projects.
Read more about Expansionary fiscal policy
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Answer:
She should take out a loan with a loan of 5 years period. In the cost and benefit term, it would better to take out the shorter loan period because automobile price tends to decrease in the following year after it has been bought. However, Carmen will not be able to fulfill the 4-year loan payment for each month, because the average auto loan interest rate for a person with 620 credit score is 9.48%. Carmen able to pay 7.72% ((48 x 150)-(8,500-3,000))/(8,500-3,000) interest on 4-year loan and 12.72% ((60 x $150)-($8,500-$3,000))/($8,500-$3,000) on 5-year loan. It would be a safe decision to choose the 5-year loan because Carmen still able to pay the loan interest.
Explanation:
According to the enotes, SA800 certification focuses on social responsibility in the work place.
Answer:
Compensatory Damages
Explanation:
Based on this scenario it can be said that Donald is entitled to Compensatory Damages. This is a lawsuit that covers the loss that the non-breaching party incurred as a result of the breach of contract. In this scenario, Donald's employer breached the contract by firing Donald before the twelve months. Therefore Donald can sue for compensatory damages which would be the amount of money that he would have made in the rest of the twelve months.