Answer:
$156 million
Explanation:
The computation of the change in net working capital is shown below:
Free cash flow = EBIT × (1 -Tax Rate) + Depreciation & Amortization - Change in Net Working Capital - net capital Expenditure.
$180 million = $960 million × (1 - 40%) + $120 million - change in working capital - $360 million
$180 million = $576 million + $120 million - change in working capital - $360 million
$180 million = $336 million - change in working capital
So, the change in working capital would be
= $336 million - $180 million
= $156 million
I think the most appropriate answer would be Bull market.
I hope it helped you!
Answer:
The answer is: consumer market
Explanation:
Consumer market refers to the people that buy products and services for their own personal use, or as a gift to other person (that would be the user of the product or service). Consumer market doesn't include people that buy products to resell them to other customers.
Answer:
C- Sale of land for cash.
Explanation:
Since, cash would be generated from the sale, and it would be invested in buying something else like stocks or an asset, It would be included in the portion of investing activity in the cash flow statement.
Answer:
C. freely operating economy in which all markets are perfectly competitive.
Explanation:
When we have a lot of producers and many consumers in an economy, the best way to achieve an efficient allocation of resources is to have a freely operating economy in which all markets are perfectly competitive.
- In such a free economy, demand for goods and services are not controlled.
- The consumers behavior towards purchasing will determine if producers should allocate more resources to a production process or not.
- It is better to make such market competitive without interfering into how resources are managed and dispensed.