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The Rollings Company had sales of $1,000 with cost of goods sold (COGS) equal to 30% of sales. Rollings aso had total other operating expenses
The Rollings Company had sales of $1,000 with cost of goods sold (COGS) equal to 30% of sales. Rollings aso had total other operating expenses of $400, interest expense of $125, and is subject to a flat 40% of its pre-tax income in income taxes. What is Rollings net income? O $1,000 s300 O $105 O $700 Supposeyou have $2,000 and plan to purchase a 10-year certificate of deposit (CD) that pays 7% interest compounded annually. How much will you have when the CD matures? $393430 O $3.186.79 $3,422.84 $3,816.27 $4,642.43 The Lions just signed their quarterback to a 10-year S50 million contract. Is this contract really worth s50 million? (Assume the discount rate is greater than zero) OYes, because the payments over time add up to $50 million. O No, it is worth more because he can invest the money O No, it would only be worth $50 million if it were all paid out today OYes, because his agent told him so
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