The following information pertains to Houston, Inc. a manufacturer of belt buckles: (dollar amounts in thousands) 2012 2013 2014 2015 2016 2017 Net Cash Flow from Operations 564 628 854 1,059 1,345 1,655 Interest Expense after tax 122 134 148 145 155 148 Decrease (Increase) in Cash -75 -54 -48 -32 -61 -48 Required for Operations Net Cash Flow from Investing -287 -300 -310 -285 -294 -277 Net Cash from Debt Financing 210 204 140 85 -40 -46 Present Value Factors for 8.5% 0.922 0.849 0.783 0.722 0.665 1. What is Houston's free cash flow for common equity holders for year 2012?
A. $564.
B. $399.
C. $324.
D. $202.
2. What is Houston's free cash flow for all debt and equity holders for year 2012?
A. $564.
B. $399.
C. $324.
D. $412.

Companies in the u.s. car rental market vary greatly in terms of the size of the fleet, the number of locations, and annual revenue. in 2011 hertz had 320,000 cars in service and annual revenue of approximately $4.2 billion. the following data show the number of cars in service (1000s) and the annual revenue ($ millions) for six smaller car rental companies (auto rental news website, august 7, 2012). excel file: data14-09.xls if required, enter negative values as negative numbers. a. select a scatter diagram with the number of cars in service as the independent variable. b. what does the scatter diagram developed in part (a) indicate about the relationship between the two variables? c. use the least squares method to develop the estimated regression equation (to 3 decimals). ŷ = + x d. for every additional car placed in service, estimate how much annual revenue will change. by $ e. fox rent a car has 11,000 cars in service. use the estimated regression equation developed in part (c) to predict annual revenue for fox rent a car. round your answer to nearest whole value. $ million hide feedback partially correct

Which of the following is an example of a positive externality? a. promoting generic drugs would benefit people. b. a lower inflation rate would benefit most consumers. c. compulsory flu shots for all students prevents the spread of illness in the general public. d. singapore has adopted a comprehensive savings plan for all workers known as the central provident fund.

Which term describes an alternative to car buying where monthly payments are paid for a specific period of time, after which the vehicle is returned to the dealership or bought? a. car financing b. car maintenance c. car leasing d. car ownership