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1. XYZ has cash flow from assets of $1,670,000, operating cash flow of $2,340,000, net capital expenditures of $750,000, and paid dividends of $45,000. Net

1. XYZ has cash flow from assets of $1,670,000, operating cash flow of $2,340,000, net capital expenditures of $750,000, and paid dividends of $45,000. Net working capital:

A.

decreased by $80,000.

B.

increased by $125,000.

C.

increased by $80,000.

2.

XYZ has a PE of 14.5, a forward PE of 12.9, and a price of $103.70 per share. The company has 15 million shares outstanding. Net income for next year is projected to be closest to:

A.

$107.3 million.

B.

$200.7 million.

C.

$120.6 million.

3. XYZ has a debt to asset ratio of 0.71. Their equity multiplier is:

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