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The 2015 income statement for Duffy’s Pest Control shows that depreciation expense was $206 million, EBIT was $522 million, and the tax rate was 30 percent. At the beginning of the year, the balance of gross fixed assets was $1,592 million and net operating working capital was $426 million. At the end of the year, gross fixed assets was $1,848 million. Duffy’s free cash flow for the year was $435 million.
Calculate the end-of-year balance for net operating working capital. (Enter your answer in millions of dollars rounded to 1 decimal place.)
According to Transparency International (2014) Why do you think the U.S. does not have a perfect score? What does it need to do to improve its corruption perception index?
A simple random sample of 60 items from a population with = 9 resulted in a sample mean of 33.
The international debt crisis of the 1970s and 1980s arose primarily from
Assume that the supply of soda is more elastic than the demand for soda. Using a supply and demand diagram and a "tax wedge," show whether the buyers or the sellers will bear the bigger burden of a soda tax.
How much money must be invested in an account that pays 6% per year interest to be worth $20000 at the end of 8 years of (forgetting the leap years and making "convenient" assumptions) : annually
The demand for good X in a town is Q = 10 − P , where P is the price of good X per pound and Q is the quantity demanded in pounds. The marginal cost of producing the good is $2 per pound. What are the monopoly price and quantity? What is the price el..
The absolute value of Mars' MRS at his current consumption bundle is strictly greater than 2. Mars has convex preferences. Which of the following statements is (are) true? Justify your answer graphically.
Find out the Nash equilibrium cost for the two diners. How many breakfast club memberships will each diner sell in Nash equilibrium.
State whether the following production functions exhibit increasing, constant, or decreasing returns to scale in K and L.
If the demand for a final product rises, then this results in
If the demand for money depends positively on real income and depends inversely on the nominal interest rate, what will happen to the price level today, if the central bank announces (and people believe) that it will decrease the money growth rate in..
If the price increases by 10 percent, by how much does the quantity of household (a) natural gas and (b) electricity change in the short run and in the long run?
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