The type of pre-trial motion that must be supported by specific evidence is a motion for:

A) Judgment on the pleadings.
B) Judgment notwithstanding the verdict.
C) Summary judgment.
D) Appeal.

C

Business

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Vega Music's projected net income and free cash flows are given above in thousands of dollars. Vega expects that their net income and increases in net working capital to increase by 5% per year

Net Income 60,000 + Depreciation +6,000 - Capital Expenditures -7,000 - Increases in Working Capital -2,000 = Free Cash Flow 57,000 If Vega were able to reduce its annual increase in working capital by 10% without affecting any other part of the business adversely, what would be the effect of this reduction on Vega's value, given a cost of capital of 13%? A) an increase of $500,000 B) an increase of $1,370,000 C) an increase of $2,500,000 D) an increase of $3,800,000

Business

When one company purchases less than 50% of equity securities in a second company, which of the following statements is true?

a. The purchaser is referred to as the parent. b. The purchaser is referred to as the subsidiary. c. The company whose securities are purchased is the subsidiary. d. The company whose securities are purchased is the investee.

Business