Tropetech inc. has an expected net operating profit after taxes, ebit(1 – t), of $1,200 million in the coming year. in addition, the firm is expected to have net capital expenditures of $180 million, and net operating working capital (nowc) is expected to increase by $15 million. how much free cash flow (fcf) is tropetech inc. expected to generate over the next year?

In a sumif conditional function, what should be the order of terms in the parentheses?

Select the statement that indicates tina's company is a partnership. tina jones is a dancer specializing in latin dance styles. she always wanted to have her own dance studio where she could teach dancing to young and old alike. in 2006, she opened her first dance studio, electric diva, in madison triangle. it was a great choice as a business location because it's well-connected by highways to most places in the city. she leased the space for three years. her initial investment included a good sound system, cheerful interior design, and strong flooring. to raise capital for the business, tina turned to her brother-in-law, philip. philip made half the financial investment. he manages the accounts and social media needs of the business. he has a 30% share in trisha's business. together, they expanded the business to three dance studios in the city and plan to open franchises in other cities.

For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?