Squat XFit Inc. reported the following activities during 2020. Capital expenditures 67.3
Cost of goods sold 34.5
Cash purchases of inventory 24.6
Dividends 5.0
Income tax rate 25%
Interest expense 45.6
Net revenues 158.5
Other operating expenses 16.5
Purchases of intangible assets 45.0
Gain on sale of land 5.0
Selling, general, & administrative 14.9
Write-down of PP&E 7.0
Interest income 4.0
Depreciation expense 14.0
Amortization expense 9.0
Write down of inventory 5.0
Stock based compensation
expense 12.0
Paydown of short term debt 4.0
Calculate net income for the year ending 12/31/2020.
A. $3.00 million.
B. $3.75 million.
C. $6.75 million.
D. $15.75 million.

Afinancial institution, the thriftem bank, is in the process of formulating its loan policy for the next quarter. a total of $12 million is allocated for that purpose. being a full-service facility, the bank is obligated to grant loans to different clientele. the following table provides the types of loans, the interest rate charged by the bank, and the possibility of bad debt as estimated from past experience. type of loaninterest rateprobability of bad debtpersonal.140.10car.130.07home.1 20.03farm.125.05commercial.100.02 bad debts are assumed unrecoverable and hence produce no interest revenue either. competition with other financial institutions in the area requires that the bank allocate at least 40% of the total funds to farm and commercial loans. to assist the housing industry in the region, home loans must equal at least 50% of the personal, car, and home loans. the bank also has a stated policy specifying that the overall ratio for bad debts on all loans may not exceed .04. formulate this problem as a linear program. define your variables clearly and write all the constraints explaining the significance of each.

True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product

Determining effects of stock splits oracle corp has had the following stock splits since its inception. effective date split amount october 12, 2000 2 for 1 january 18, 2000 2 for 1 february 26, 1999 3 for 2 august 15, 1997 3 for 2 april 16, 1996 3 for 2 february 22, 1995 3 for 2 november 8, 1993 2 for 1 june 16,1989 2 for 1 december 21, 1987 2 for 1 march 9, 1987 2 for 1 a. if the par value of oracle shares was originally $2, what would oracle corp. report as par value per share on its 2015 balance sheet? compute the revised par value after each stock split. round answers to three decimal places.