Bartling Energy Systems Recently Reported $9,250 of Sales,$5,750 of Operating

question 83

Multiple Choice

Bartling Energy Systems recently reported $9,250 of sales,$5,750 of operating costs other than depreciation,and $700 of depreciation.The company had no amortization charges,it had $3,200 of outstanding bonds that carry a 5% interest rate,and its combined federal and provincial income tax rate was 35%.In order to sustain its operations and thus generate sales and cash flows in the future,the firm was required to make $1,250 of capital expenditures on new fixed assets and to invest $300 in net operating working capital.By how much did the firm's net income exceed its free cash flow?

• A)$673.27
• B)$708.70
• C)$746.00
• D)$783.30

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Definitions:

Nominal Variables

Variables that represent categories without any natural order or ranking among them.

Cross-Classification Table

A tabular method to display the frequency distribution of variables, showing how many times each combination of categories occurs; often used in statistics to analyze categorical data.

Promotional Customers

Customers who purchase products or services during a promotional campaign, often attracted by discounts or special offers.

Bar Charts

A graphical representation of data using bars of different heights or lengths proportional to the values they represent.