The 2013 Income Statement for John's Gym Shows That Depreciation

question 60

Multiple Choice

The 2013 income statement for John's Gym shows that depreciation expense is $20 million, EBIT is $80 million, and taxes are $24 million. At the end of the year, the balance of gross fixed assets was $102 million. The increase in net operating working capital during the year was $18 million. John's free cash flow for the year was $41 million. What was the beginning of year balance for gross fixed assets?

• A)$43 million
• B)$85 million
• C)$84 million
• D)$163 million

Appreciate the significance of individual differences, such as the altruistic personality, in predicting helping behavior.

Comprehend the mechanisms through which the presence of others affects an individual's decision to help.

Understand the influence of reminders of mortality and priming on prosocial behavior.

Understand the principles and techniques of person-centered therapy.

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Definitions:

Learning Perspective

View of human development that holds that changes in behavior result from experience or from adaptation to the environment.

Environment

The surrounding conditions, influences, and forces that affect the existence and development of an organism or community.

Unconscious Fantasies

Mental processes and imagined scenarios that are not readily available to conscious awareness, often influencing behavior and emotions subtly.

Punishment

The imposition of a penalty in response to an undesirable behavior, with the intention to reduce or eliminate that behavior.