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Storm Industries then had the following operating results for 2015:
Sales: 30,450
COGS: 20,150
Depreciation: 4,910
Interest expense: 2,220
Tax rate: 34%
Dividends paid: 1,560
Storm had the following balance sheet readings:
1/1/2015 12/31/2015
Current Assets: 7,116 7,500
Current Liabilities: 3,780 4,780
Net Fixed Assets: 20,160 15,250
Given the financial statements information above, find:
1. Net Income for 2015
2. Cash Flow from Assets (CFFA) for 2015.
The primary advantage to hedging with an option as opposed to a forward contract is
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Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments.
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In cases of conflict among mutually exclusive projects, the one with highest:
Use present worth analysis to compare renting vs. buying a house.
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