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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.)
Given our still currently high unemployment rate (by historical standards) and low inflation rate, argue "for or against" a Supply-Side policy focus versus a Demand-Side policy emphasis.
Expenditures that do not vary with the level of real GDP are called:
Illustrate wow would the existence of such insurance affect the amount of clothing that people buy. How would you evaluate this change in behavior from the standpoint of economic efficiency.
consider the problem of picking a price for an economics textbook. the marginal cost of production is constant at 20
A manufacturing firm is trying to decide if it should purchase an automated assembly line. The firm currently has employees completing the assembly portion of its production process. The workers are very efficient; Should the company use the automate..
q1. predict what would happen to the equilibrium price of marijuana if it were legalized. use demand amp supply
In dealing with China, what is meant by the “rule of man” and “legality of illegality?” Why are these realities a challenge to U.S. firm doing business in China? Consider both the legal and ethical aspects in your answer.
An auto-service establishment has estimated its monthly cost function as follows: Where Q is the number of cars it services each months and TC represents its total cost. The firm is targeting 35,000 net monthly profit servicing 2000 cars. What price ..
Elucidate the effects of monetary policies on the economy's production and employment.
onsider a 3*3 matrix in which each entry is either 0; 1 or -1. Add up the sum of the three entries in each row, column and diagonal and form a list of the sums. Give an explicit example of such a matrix and the corresponding list. Choose 16 distinct ..
What do you believe is the proper balance between the free market and government regulation of industry? And why?
Will it be easier for tax payers to pay off public debt if the money borrowed by the government is spent on education and public infrastructure, or if it is spent on unemployment insurance? Can the government cause a recession and then limit the stre..
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