A Firm Reports That in a Certain Year It Had

question 29

Multiple Choice

A firm reports that in a certain year it had revenues of $4.5 million,costs of $1.2 million,a capital cost allowance (CCA) deduction of $2.8 million,capital expenditures of $2.3 million,and net working capital decreased by $1.5 million.If the firm's marginal corporate tax rate is 30%,what is the firm's free cash flow for that year?

• A)$5.3 million
• B)-$0.65 million
• C)$1.75 million
• D)$2.15 million
• E)$2.35 million

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Definitions:

Biopsychosocial Approach

A holistic view of health that includes biological, psychological, and social factors in understanding and treating illness.

Sexual Motivation

The desire to engage in sexual activity, influenced by biological, psychological, and social factors.

Social-Cultural Influences

Factors in society and culture that impact individual behavior, thinking, and emotions, including norms, values, customs, and beliefs.

Biopsychosocial Approach

A holistic perspective in healthcare and psychology that considers biological, psychological, and social factors along with their complex interactions in understanding health, illness, and healthcare delivery.