The calculation of free cash flow contains a deduction for

a. interest expense.
b. depreciation.
c. dividends.
d. net cash flows from operating activities.


C

Business

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Which of the following is (are) NOT correct regarding disclosure requirements lessees? I. For capital leases, future minimum lease payments in the aggregate and for each of the succeeding five years must be disclosed. II. For operating leases with initial or remaining lease terms in excess of one year, future minimum rental payments in the aggregate and for each of the five succeeding fiscal

years must be disclosed. III. For capital leases, future minimum lease payments for each of the succeeding five years must be disclosed. IV. For operating leases with initial or remaining lease terms in excess of one year, future minimum lease payments for each of the five succeeding fiscal years must be disclosed. a. I only b. II only c. Both I and II d. Both III and IV

Business

Webster, Inc has received a bid for 14,000 units

The costing estimates show that the average cost per unit for this bid will be $500. The company uses cost-based pricing and adds 20% markup to total costs. What total price will Webster ask for the entire order? A) $8,400,000 B) $7,000,000 C) $1,400,000 D) $5,600,000

Business

Most large certificates of deposit are:

a. not negotiable because they are bank-made debts b. not negotiable because Article 3 does not allow them to be negotiable c. not negotiable because the payee would lose control d. not negotiable because the maker would lose control e. none of the other choices

Business

When using a speaker phone, it is acceptable to let others sit in on the conversation as long as everyone knows who is in attendance

Indicate whether the statement is true or false.

Business