Which of the following is NOT included in the calculation of free cash flows?

A) Operating income
B) Interest expense
C) Depreciation
D) Net operating working capital

B

Business

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When determining the value of a foreign market, an international firm must consider both its products and the competition.

Answer the following statement(s) true (T) or false (F)

Business

For a product such as audio cassette tapes, which is in the decline stage of its product life cycle, what happens?

a. Sales promotion is used to build market share. b. Heavy public relations is used to maintain brand loyalty. c. Personal selling should be used to obtain distribution. d. Reminder advertising is commonly used.

Business