I just need help with these two questions:
1. The difference between the historic price a firm paid and its going price among current buyers and sellers is the difference between its
a) market value and depreciation
b) book value and depreciation
c) market value and intrinsic value
d) book value and market value
2. Free cash flow is the available cash after _____ have been paid
a) creditors and shareholders
b) shareholders, creditors, and taxes
c) operating expenses, creditors, and taxes
d) operating expenses, taxes, and shareholders
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I have been stuck on these questions for over an hour now. I have looked through the chapter a few times and can't find anything. I was thinking that while I was taking notes, I must have missed something. So I kept on reading all the pages over and over and can't find anything.
I am thinking that the answers are:
1. D
2. C
Any help would be very much appreciated!
1 answer
1 answer