A homeowner and her neighbor purchased adjoining parcels of property 20 years ago. During the summer months, the homeowner ran electrical wires from her home to a guest house across land she knew belonged to the neighbor. The neighbor orally consented to the wiring's crossing his land. Two years ago, the neighbor sold his property to a purchaser. The following summer, the homeowner tried to run the wires across the purchaser's land, but the purchaser objected. The statute of limitations in ejectment is 15 years. If the homeowner files suit, how is the court likely to rule with respect to the land over which the electrical wires were laid

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.

Mcdonald's fast-food restaurants have a well-designed training program for all new employees. each new employee is supposed to learn how to perform standardized tasks required to maintain mcdonald's service quality. due to labor shortages in some areas, new employees begin work as soon as they are hired and do not receive any off-the-job training. this nonconformity to standards creates

Which of the following is not an example of one of the four mail advantages of prices on a free market economy