Solid understanding of financial markets and institutions

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Reference no: EM131949717

1. This course in corporate finance has the following three components to help you gain a solid understanding of financial markets and institutions:

a. Lectures, textbook, and the Moodle site.

b. Lectures, textbook, and calculator.

c. Textbook, Moodle site, and live sessions.

d. Lectures, Moodle site, and New York Times.

2. MECCS Inc. has sales of $1,270,000; costs of $643,000; depreciation expense of $109,000; interest expense of $72,000; and tax rate of 35 percent. Calculate the net income of the firm.

A. $289,900

B. $371,700

C. $446,000

D. $336,700

Reference no: EM131949717

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