An extremely lucrative severance package that is guaranteed to a​ firm's senior managers in the event that the firm is taken ove

The net capital expenditure for Beta is 95.

Explanation:

To determine Beta's net capital expenditure, use the formula below

Closing PP&E + Depreciation Expense - Opening PP&E

= 170 + 75 - 150

= 95

In this computation, the depreciation expense is added, and the PP&E balance is subtracted from the closing PP&E balance to obtain a precise figure.

Alternatively, it can be calculated based on the capital expenditures derived from a company's income statement and balance sheet. Check for the depreciation expense recorded for the current period in the income statement and find the current period’s property, plant, and equipment in the balance sheet.

This pertains to permutations, and since we are fixing the first and last joke's positions based on the information provided, there are 10 remaining jokes to arrange. Any unique ordering of these 10 jokes will yield a different configuration, thereby giving us a total of 10! arrangements, which can be calculated as 10! = 10*9*8*7*6*5*4*3*2*1 = 3628800. Thus, there are 3628800 different sequences to present the old joke first and the new joke at the end.

Answer:

The right choice is option (D).

Explanation:

The scenario provides the following information:

Operating Income (EBIT) = $2,500,000

Depreciation Expense = $500,000

Tax rate = 40%

Net investment = $1,000,000

Thus, we can determine BBC's free cash flow using this formula:

= EBIT × (1 - Tax Rate) + Depreciation & Amortization - Net investment

Insert the values into the formula above:

So, the calculation becomes:

= $2,500,000 × (1 - 40%) + $500,000 - $1,000,000

= $1,500,000 + $500,000 - $1,000,000

= $1,000,000