Use the Information for the Question(s)below

question 11

Multiple Choice

Use the information for the question(s) below.
Temporary Housing Services Incorporated (THSI) is considering a project that involves setting up a temporary housing facility in an area recently damaged by a hurricane.THSI will lease space in this facility to various agencies and groups providing relief services to the area.THSI estimates that this project will initially cost $5 million to set up and will generate $20 million in revenues during its first and only year in operation (paid in one year) .Operating expenses are expected to total $12 million during this year and depreciation expense will be another $3 million.THSI will require no working capital for this investment.THSI's marginal tax rate is 35%.
-Ignoring the original investment of $5 million,what is THSI's free cash flow for the first and only year of operation?

• A)$5.0 million
• B)$3.75 million
• C)$8.0 million
• D)$6.25 million

Recognize professional behavior and ethics required in the paralegal field.

Identify essential skills and competencies necessary for paralegals, including analytical and organizational skills.

Describe the continuing education requirements for maintaining paralegal certifications.

Understand the impact of technology and specific software knowledge necessary for paralegals.

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Definitions:

Countertrade

A form of international trade in which goods or services are exchanged for other goods or services, rather than for hard currency.

Exports

Goods, services, or technology sent out of a country to sell in international markets, contributing to a nation's economy.

Economic Espionage

The clandestine collection of trade secrets or proprietary information about a company’s competitors.