Desert Company reports the following Income Statement accounts on its Trial Balance for the year ended December 31, 2020: Sales Revenue $280,000 Cost of Goods Sold 170,000 Administrative Expenses 20,000 Loss on Disposal of Equipment 8,000 Sales Commission Expense 12,000 Interest Revenue 7,000 Loss from Discontinued Operations 32,000 Bad Debt Expense 4,000 What should Desert report for Income from Continuing Operations before Income Taxes on its 2020 Income Statement?
a. $73,000
b. $41,000
c. $81,000
d. $66,000

Assume today is december 31, 2013. barrington industries expects that its 2014 after-tax operating income [ebit(1 – t)] will be $400 million and its 2014 depreciation expense will be $70 million. barrington's 2014 gross capital expenditures are expected to be $120 million and the change in its net operating working capital for 2014 will be $25 million. the firm's free cash flow is expected to grow at a constant rate of 4.5% annually. assume that its free cash flow occurs at the end of each year. the firm's weighted average cost of capital is 8.6%; the market value of the company's debt is $2.15 billion; and the company has 180 million shares of common stock outstanding. the firm has no preferred stock on its balance sheet and has no plans to use it for future capital budgeting projects. using the corporate valuation model, what should be the company's stock price today (december 31, 2013)? round your answer to the nearest cent. do not round intermediate calculations.

Emil motycka is considered an entrepreneur because

In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.