Diana and Ryan Workman were married on January 1, 2019. Diana has an 8 years old son, Jorge, from her previous marriage who lives together with the couple. Ryan works as a computer programmer and receives a W-2 Wage Statement from his employer. Diana is a sole proprietor and runs Coffee Shop (e. g. Diana files Schedule C). The Workmans reported the following financial information pertaining to their activities during 2019:

As you start to review the various career options available to you, you will notice that not every career will require what?

Which of the following statements is correct? a. two firms with identical sales and operating costs but with different amounts of debt and tax rates will have different operating incomes by definition. b. free cash flow (fcf) is, essentially, the cash flow that is available for interest and dividends after the company has made the investments in current and fixed assets that are necessary to sustain ongoing operations. c. retained earnings as reported on the balance sheet represent cash and, therefore, are available to distribute to stockholders as dividends or any other required cash payments to creditors and suppliers. d. if a firm is reporting its income in accordance with generally accepted accounting principles, then its net income as reported on the income statement should be equal to its free cash flow. e. after-tax operating income is calculated as ebit(1 - t) + depreciation.

Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.