When r = 0, this means that X and Y are unrelated

A finder of abandoned goods does not hold an absolute right to its possession.

a. true b. false

Which of the following formulas correctly estimates free cash flows to the firm?

A) FCFF = EBIT × (1 + tax rate) + non cash expenses - capital expenditures - net increases in working capital B) FCFF = EBIT × (1 - tax rate) + non cash expenses - capital expenditures - net increases in working capital C) FCFF = EBIT × (1 - tax rate) + non cash expenses + capital expenditures - net increases in working capital D) FCFF = EBIT × (1 - tax rate) - non cash expenses + capital expenditures - net increases in working capital