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Brutus Co. is buying 500 tires for its fleet of vehicles. One supplier offers to supply the tires for $80 per tire, payable in one year. Another supplier will supply the tires for $16,000 down today, then $45 per tire, payable in one year. What is the difference in PV between the first and the second offer, assuming interest rates are 9.1%?

Brutus Buckeye Exploration has a current stock price of $3.00 and is expected to pays its expected annual dividend of $0.28 next year. Which of the following is closest to the company’s equity cost of capital if long term growth is expected to be 2%?

Cholinesterase inhibitors are associated with the risk of falls because these medications increase levels of:

Persons who do not maintain a socially acceptable level of self-care would be engaging in self-neglect.

Brewtus is considering adding a microbrewery onto one of its existing restaurants. This will entail an increase in inventory of $8700, an increase in accounts payables of $2300, and an increase in property, plant, and equipment of $48,000. All other accounts will remain unchanged. The change in net working capital resulting from the addition of the microbrewery is ________.

A stock has a beta of 0.8, the risk-free rate is 2%, and the expected market return is 10%. What is the expected return of the stock?

You purchased a machine for $1 million three years ago and have been applying straight-line depreciation to zero for a five-year life. Your tax rate is 21%. If you sell the machine today (after three years of depreciation) for $550,000, what is your incremental cash flow from selling the machine?

Brutus Co plans to launch a new type of indelible ink pen. Advertising for the new product will be heavy and will cost the company $8 million, although the company expects general revenues of $280 million next year from sources other than sales of the new pen. If the company has a corporate tax-rate of 35% on its pretax income, what effect will the advertising for the new pen have on its taxes?

Which of the following is a disadvantage of the Net Present Value rule?

From a conceptual standpoint, why do we subtract changes in net working capital (NWC) when calculating free cash flows (FCFs)?