In its december 2016 10-k, lyondellbasell industries reported the following information ($ millions). cost of goods sold inventories lifo reserve increase in lifo reserve total assets net income $25,460 $4,142 $832 $759 $26,775 $4,170 reformulate the account balance for the following financial statement items assuming the company used fifo instead of lifo for its inventory costing method. the company has a 35% tax rate.

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.

What is an example of a good stock to buy during economic expansion? a) cyclical stock b) defensive stock c) income stock d) bond

How is challah bread made? if i have to dabble the recipe?