Business, 16.03.2020 20:18 xitlalizt83341
You are considering an investment in Crew Cut, Inc. and want to evaluate the firm's free cash flow. From the income statement, you see that Crew Cut earned an EBIT of $23.08 million, paid taxes of $3.92 million (17%), and its depreciation expense was $7.92 million. Crew Cut's gross fixed assets increased by $10.08 million from 2017 to 2018. The firm's current assets increased by $6.08 million and current liabilities increased by $3.92 million. What is Crew Cut's free cash flow for 2018, in millions
Answers: 2
Business, 22.06.2019 18:00, judali
David paid $975,000 for two beachfront lots in coastal south carolina, with the intention of building residential homes on each. two years later, the south carolina legislature passed the beachfront management act, barring any further development of the coast, including david's lots. when david files a complaint to seek compensation for his property, south carolina refuses, pointing to a passage in david's own complaint that states "the beachfront management act [was] properly and validly designed to south carolina's " is south carolina required to compensate david under the takings clause?
Answers: 1
Business, 22.06.2019 20:30, capybaracaptin2895
Considered alone, which of the following would increase a company's current ratio? a. an increase in net fixed assets. b. an increase in accrued liabilities. c. an increase in notes payable. d. an increase in accounts receivable. e. an increase in accounts payable.
Answers: 3
Business, 22.06.2019 20:40, mom1645
Which of the following is true concerning the 5/5 lapse rule? a) the 5/5 lapse rule deems that a taxable gift has been made where a power to withdraw in excess of $5,000 or five percent of the trust assets is lapsed by the powerholder. b) the 5/5 lapse rule only comes into play with a single beneficiary trust. c) amounts that lapse under the 5/5 lapse rule qualify for the annual exclusion. d) gifts over the 5/5 lapse rule do not have to be disclosed on a gift tax return.
Answers: 1
You are considering an investment in Crew Cut, Inc. and want to evaluate the firm's free cash flow....
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