Acme corp. is expected to generate a free cash flow (fcf) of $2,840.00 million this year (fcf₁ = $2,840.00 million), and the fcf is expected to grow at a rate of 25.00% over the following two years (fcf₂ and fcf₃). after the third year, however, the fcf is expected to grow at a constant rate of 3.90% per year, which will last forever (fcf₄). assume the firm has no nonoperating assets. if acme corp.’s weighted average cost of capital (wacc) is 11.70%, what is the current total firm value of acme corp.? (note: round all intermediate calculations to two decimal places.)

a. $67,681.56 million
b. $8,571.82 million
c. $61,181.84 million
d. $50,984.87 million

Richardson hired j. c. flood company, a plumbing contractor, to correct a stoppage in the sewer line of her house. the plumbing company's 'snake' device, used to clear the line leading to the main sewer, became caught in the underground line. to release it, the company excavated a portion of the sewer line in richardson's backyard. in the process, the company discovered numerous leaks in a rusty, defective water pipe that ran parallel with the sewer line. to meet public regulations, the water pipe, of a type no longer approved for such service, had to be replaced either then or later, when the yard would have to be excavated again. the plumbing company proceeded to repair the water pipe. though richardson inspected the company's work daily and did not express any objection to the extra work involved in replacing the water pipe, she refused to pay any part of the total bill after the company completed the entire operation. j. c. flood company then sued richardson for the costs of labor and material it had furnished. (c) for what, if anything, should richardson be liable? explain."

Suppose the number of equipment sales and service contracts that a store sold during the last six (6) months for treadmills and exercise bikes was as follows: treadmill exercise bike total sold 185 123 service contracts 67 55 the store can only sell a service contract on a new piece of equipment. of the 185 treadmills sold, 67 included a service contract and 118 did not.

How has internet access changed and affected globalization from 2003 to 2013? a ten percent increase in internet access has had little effect on globalization. a twenty percent decrease in internet access has had little effect on globalization. a thirty percent increase in internet access has sped up globalization. a fifty percent decrease in internet access has slowed down globalization.