Economics: Practice Exam Questions
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1. The real return is 10% and the expected rate of inflation is 4.5%. what is the nominal rate?
2. a company had sales of $1,250,000, cost of goods sold of $750,000 depreciation expenses of $250,000 and interest expenses of $50,000. If the company's tax rate is 34% and the income state is complete, what is this firm's operating cash flow?
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The solution provides practice economic practice questions.
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