In the introduction to his speech on the art of digital photography, Terrance mentioned that he works part-time at a camera shop

If a business regularly deals with toxic substances, all staff interacting with these hazardous materials must <span>receive training on how to handle and dispose of them safely! This is of utmost importance.</span>

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