You Have Gathered This Information on a Firm: $500,000 Sales

question 85

Multiple Choice

You have gathered this information on a firm: $500,000 sales, $10,000 cash dividends, $300,000 cost of goods sold, $20,000 administrative expense, $20,000 depreciation expense, $40,000 interest expense, $10,000 purchase of productive equipment, no changes in working capital, and a tax rate of 35%.What is the free cash flow?

• A)$141,000
• B)$168,000
• C)$78,000
• D)$142,000

Describe the concept of regulatory capture and its implications on industry regulation and economic efficiency.

Analyze the impact of political behavior, including lobbying and vote trading (logrolling), on government decision making and policy outcomes.

Understand the concept of limited and bundled choice in elections and its implications for public choice.

Understand the differences between dispositional and situational attributions.