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Hartzell Inc. had the following data for 2020, in millions: Net income = $600; after-tax operating income (EBIT(1 - T)] = $700 and Total assets = $2,200. Information for 2021 is as follows: Net income = $825; after-tax operating income (EBIT (1 - T)] = $1,625; and Total assets = $2,700. Assume the firm had no excess cash. How much free cash flow did the firm generate during 2021? O a. 51,325 million b. $1,400 million c. $1,125 million O d. 5325 million O e $2,125 million Kwok Enterprises has the following income statement. How much after-tax operating income does the firm have? Sales $2.050.00 Costs 1,400.00 Depreciation 250.00 EBIT $ 400.00 Interest expense 70.00 EBT $330.00 Taxes (2596) 82.50 Net income $ 247.50 a. $330.00 b. $300.00 c. $550.00 d. 5247.50 e. 5487.50 Song Corp's stock price at the end of last year was $29.75 and its earnings per share for the year were $1.30. What was its P/E ratio? a. 13.70 b.18.27 19.27 d. 17.27 e 22.45 Your aunt has $270,000 invested at 5-5%, and she now wants to retire. She wants to withdraw $45,000 at the beginning of each year, beginning immediately. She also wants to have $50,000 left to give you when she ceases to withdraw funds from the account. For how many years can she make the $45,000 withdrawals and still have $50,000 left in the end? a. 6.30 years b.5.97 years c. 5.89 years d: 7.01 years OOO e. 4.89 years

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