Security professionals should minimize burdens on functional departments

During 2015, NICO Corporation had EBIT of $100,000, a change in net fixed assets of $400,000, an increase in net current assets of $100,000, an increase in spontaneous current liabilities of $400,000, a depreciation expense of $50,000, and a tax rate

of 30%. Based on this information, NICO's free cash flow is ________. A) -$630,000 B) -$50,000 C) $650,000 D) -$30,000

Disadvantages of term insurance are that it increases in cost when you renew it and that it has no value when it matures or you discontinue your policy

Indicate whether the statement is true or false.