During 2015, NICO Corporation had EBIT of 100,000, a change in net fixed assets of 400,000, an increase in net current assets of 100,000, an increase in spontaneous current liabilities of 400,000, a depreciation expense of 50,000, and a tax rate
of 30. Based on this information, NICO's free cash flow is ________.
A) -630,000
B) -50,000
C) 650,000
D) -30,000
Question 2
A firm issued 10,000 shares of no par-value common stock, receiving proceeds of 40 per share. The amount recorded is ________.
A) 0 in the Common Stock account
B) 0 in the Paid-in Capital in Excess of Par account
C) 400,000 in the Common Stock account
D) 400,000 in the Paid-in Capital in Excess of Par account
Examples of USP labels Source: Courtesy of Novartis Pharmaceuticals Corporation and Mallinckrodt Pha
Change Women’s Roles
Distance from Initial Change in Membrane Potential vs. Voltage Change Relative to Initial Change
Binding change model for ATP synthase
Coral growth rings as an indicator of environmental change
A Change of Heart