BOXCO financial statements report EBIT of $90 million, depreciation and amortization expense of $10 million, net capital expenditure of $20 million and an increase in working capital of $4 million. What is BOXCO's free cash flow using the approximation method if the corporate tax rate is 30%?

	A.	$78 million
	B.	$110 million
	C.	$86 million
	D.	$120 million

GLYCO has a market value of equity of $600 million and a market value of debt of $400 million. What is GLYCO's WACC if the company's cost of equity is 8.6%, its pre-tax cost of debt is 6% and the coporate tax rates is 30?

	A.	7.56%
	B.	6.84%
	C.	5.96%
	D.	7.96%