Oracle Corporation (ORCL) Forecasting Free Cash Flow (see sectio...

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Oracle Corporation (ORCL)

Forecasting Free Cash Flow (see sections 19.2 and 19.3 for reference): In this section, you are going to determine a baseline scenario (what your group feels is most likely to happen) to forecast future cash flow to the firm, then estimate future cash flow to the firm. The company's growth rates and the ability to control its costs are important elements of future performance. You need to explain the company's performance in the baseline scenario, as well as justify sales and expense growth rates. You can predict the growth rate by using previous years' financial statements. In coming up with a realistic baseline scenario, the notes to the 10-Ks will be useful. They should also alert you to important things such as possibilities of litigation or new ventures.

•Start off with the income statement. You will estimate unlevered net income for the next 5 years (2016-2021) according to estimates regarding: sales, cost of goods sold, operating expenses, depreciation, and income tax (assume a tax rate of 38%). Interest expenses are excluded.
- Estimate sales each year by using a sales growth rate, i.e.Salest=Salest−1*(1+g). You can calculate a sales growth rate directly, or assume one is given the analysis you have done in part 1. Be sure to justify your sales growth rate!
-The easiest way to estimate expenses is as a percentage of sales. Check the common size adjustments to your income statement from previous years to get an idea regarding what percent of sales corresponds to each expense. Adjust accordingly, i.e. do you expect expenses to increase relatively on an annual basis?
- Depreciation will depend on capital expenditures and the schedule used to depreciate fixed assets. This is extremely difficult for an analyst to estimate. You can infer it as a percentage of sales as you did with expenses, but be sure to adjust accordingly if you expect the firm to make large capital expenditures in the near future.
-You will compute the tax obligation directly from earnings before taxes implied by your estimates using a tax rate of 38%.
-Calculate net income for each year, and include the table in your report.
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In order to estimate the growth rate of sales, simple average has been used of the past 5 year sales growth rate and predicted long term growth rate by Reuters analysts. The sales growth over the last 5 years was 7.34% and it
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      • Illuminate\Cache\Events\CacheHit (274μs)
      • Illuminate\Cache\Events\CacheHit (225μs)
      • Illuminate\Cache\Events\CacheHit (211μs)
      • Illuminate\Cache\Events\CacheHit (171μs)
      • Illuminate\Cache\Events\CacheHit (377μs)
      • Illuminate\Cache\Events\CacheHit (531μs)
      • Illuminate\Cache\Events\CacheMissed (524μs)
      • Illuminate\Database\Events\StatementPrepared (999μs)
      • Illuminate\Database\Events\QueryExecuted (1.56ms)
      • eloquent.retrieved: App\Models\SubjectCat (64μs)
      • Illuminate\Cache\Events\KeyWritten (1.14ms)
      • Illuminate\Cache\Events\CacheHit (211μs)
      • Illuminate\Cache\Events\CacheHit (210μs)
      • Illuminate\Cache\Events\CacheHit (168μs)
      • Illuminate\Cache\Events\CacheHit (355μs)
      • Illuminate\Cache\Events\CacheHit (188μs)
      • Illuminate\Cache\Events\CacheHit (180μs)
      • Illuminate\Cache\Events\CacheHit (162μs)
      • Illuminate\Cache\Events\CacheHit (334μs)
      • Illuminate\Cache\Events\CacheHit (178μs)
      • Illuminate\Cache\Events\CacheHit (254μs)
      • Illuminate\Cache\Events\CacheHit (212μs)
      • Illuminate\Cache\Events\CacheHit (183μs)
      • Illuminate\Cache\Events\CacheHit (155μs)
      • Illuminate\Cache\Events\CacheHit (174μs)
      • Illuminate\Cache\Events\CacheHit (157μs)
      • Illuminate\Cache\Events\CacheHit (262μs)
      • Illuminate\Cache\Events\CacheHit (303μs)
      • creating: site.layouts.app (932μs)
      • composing: site.layouts.app (22μs)
      • creating: components.canonical (688μs)
      • composing: components.canonical (204μs)
      • creating: components.open-graph (212μs)
      • composing: components.open-graph (74μs)
      • creating: site.headers.header (389μs)
      • composing: site.headers.header (72μs)
      • Illuminate\Cache\Events\CacheHit (3.14ms)
      • creating: components.footer (91μs)
      • composing: components.footer (181μs)
      • Illuminate\Cache\Events\CacheHit (1.52ms)
      • Illuminate\Cache\Events\CacheMissed (401μs)
      • Illuminate\Database\Events\StatementPrepared (1.69ms)
      • Illuminate\Database\Events\QueryExecuted (1.36ms)
      • eloquent.retrieved: App\Models\SubjectCat (96μs)
      • Illuminate\Cache\Events\KeyWritten (379μs)
      • Illuminate\Cache\Events\CacheHit (736μs)
      • Illuminate\Cache\Events\CacheHit (626μs)
      • Illuminate\Cache\Events\CacheHit (244μs)
      • Illuminate\Cache\Events\CacheHit (743μs)
      • Illuminate\Cache\Events\CacheHit (249μs)
      • Illuminate\Cache\Events\CacheHit (564μs)
      • Illuminate\Cache\Events\CacheHit (419μs)
      • Illuminate\Cache\Events\CacheHit (201μs)
      • Illuminate\Cache\Events\CacheHit (311μs)
      • Illuminate\Cache\Events\CacheHit (286μs)
      • Illuminate\Cache\Events\CacheHit (312μs)
      • Illuminate\Cache\Events\CacheHit (213μs)
      • creating: components.forms.contact-us (304μs)
      • composing: components.forms.contact-us (541μs)
      • creating: components.forms.get-started (378μs)
      • composing: components.forms.get-started (172μs)
      • creating: components.forms.free-tool-download (362μs)
      • composing: components.forms.free-tool-download (114μs)
      • creating: components.forms.claim-free-worksheet (137μs)
      • composing: components.forms.claim-free-worksheet (524μs)
      • creating: components.forms.tutor-subscription-waitlist (142μs)
      • composing: components.forms.tutor-subscription-waitlist (70μs)
      • creating: components.forms.tutor-subscription-join (160μs)
      • composing: components.forms.tutor-subscription-join (66μs)
      • creating: components.forms.tutor-support (121μs)
      • composing: components.forms.tutor-support (65μs)
      • 311 x Illuminate\Cache\Events\CacheHit (19.9%)
        127ms
        20 x Illuminate\Database\Events\QueryExecuted (11.18%)
        71.08ms
        20 x Illuminate\Database\Events\StatementPrepared (6.54%)
        41.56ms
        11 x Illuminate\Cache\Events\CacheMissed (1.91%)
        12.16ms
        11 x Illuminate\Cache\Events\KeyWritten (1.82%)
        11.58ms
        1 x Illuminate\Foundation\Events\LocaleUpdated (1.14%)
        7.23ms
        1 x eloquent.booting: App\Models\SubjectCat (0.43%)
        2.73ms
        1 x Illuminate\Routing\Events\Routing (0.39%)
        2.47ms
        1 x Illuminate\Database\Events\ConnectionEstablished (0.31%)
        1.96ms
        12 x eloquent.retrieved: App\Models\SubjectCat (0.2%)
        1.26ms
        1 x creating: site.layouts.app (0.15%)
        932μs
        1 x Illuminate\Routing\Events\RouteMatched (0.11%)
        690μs
        1 x creating: components.canonical (0.11%)
        688μs
        1 x composing: components.forms.contact-us (0.09%)
        541μs
        1 x composing: components.forms.claim-free-worksheet (0.08%)
        524μs
        1 x creating: homework.show (0.08%)
        495μs
        1 x creating: site.headers.header (0.06%)
        389μs
        1 x creating: components.forms.get-started (0.06%)
        378μs
        1 x creating: components.forms.free-tool-download (0.06%)
        362μs
        7 x eloquent.retrieved: App\Models\HomeworkLibrary\HomeworkLibrary (0.05%)
        341μs
        1 x creating: components.breadcrumbs (0.05%)
        334μs
        2 x eloquent.retrieved: App\Models\Subject (0.05%)
        316μs
        1 x creating: components.forms.contact-us (0.05%)
        304μs
        1 x eloquent.booting: App\Models\HomeworkLibrary\HomeworkLibrary (0.04%)
        283μs
        4 x eloquent.retrieved: App\Models\HomeworkLibrary\HomeworkLibraryFile (0.04%)
        263μs
        1 x creating: components.open-graph (0.03%)
        212μs
        1 x composing: components.canonical (0.03%)
        204μs
        1 x composing: components.footer (0.03%)
        181μs
        1 x composing: components.forms.get-started (0.03%)
        172μs
        1 x composing: components.breadcrumbs (0.03%)
        167μs
        1 x creating: components.forms.tutor-subscription-join (0.03%)
        160μs
        1 x composing: homework.show (0.03%)
        159μs
        1 x eloquent.booting: App\Models\HomeworkLibrary\HomeworkLibraryFile (0.02%)
        146μs
        1 x creating: components.forms.tutor-subscription-waitlist (0.02%)
        142μs
        1 x creating: components.forms.claim-free-worksheet (0.02%)
        137μs
        1 x eloquent.booted: App\Models\HomeworkLibrary\HomeworkLibrary (0.02%)
        137μs
        1 x eloquent.booting: App\Models\Subject (0.02%)
        133μs
        1 x creating: components.forms.tutor-support (0.02%)
        121μs
        1 x composing: components.forms.free-tool-download (0.02%)
        114μs
        1 x creating: components.footer (0.01%)
        91μs
        1 x composing: components.open-graph (0.01%)
        74μs
        1 x eloquent.booted: App\Models\SubjectCat (0.01%)
        72μs
        1 x composing: site.headers.header (0.01%)
        72μs
        1 x composing: components.forms.tutor-subscription-waitlist (0.01%)
        70μs
        1 x composing: components.forms.tutor-subscription-join (0.01%)
        66μs
        1 x composing: components.forms.tutor-support (0.01%)
        65μs
        1 x eloquent.booted: App\Models\Subject (0.01%)
        61μs
        1 x eloquent.booted: App\Models\HomeworkLibrary\HomeworkLibraryFile (0.01%)
        59μs
        1 x composing: site.layouts.app (0%)
        22μs
      14 templates were rendered
      • 1x homework.showshow.blade.phpblade
      • 1x components.breadcrumbsbreadcrumbs.blade.phpblade
      • 1x site.layouts.appapp.blade.phpblade
      • 1x components.canonicalcanonical.blade.phpblade
      • 1x components.open-graphopen-graph.blade.phpblade
      • 1x site.headers.headerheader.blade.phpblade
      • 1x components.footerfooter.blade.phpblade
      • 1x components.forms.contact-uscontact-us.blade.phpblade
      • 1x components.forms.get-startedget-started.blade.phpblade
      • 1x components.forms.free-tool-downloadfree-tool-download.blade.phpblade
      • 1x components.forms.claim-free-worksheetclaim-free-worksheet.blade.phpblade
      • 1x components.forms.tutor-subscription-waitlisttutor-subscription-waitlist.blade.phpblade
      • 1x components.forms.tutor-subscription-jointutor-subscription-join.blade.phpblade
      • 1x components.forms.tutor-supporttutor-support.blade.phpblade
      uri
      GET college-homework-library/{category}/{subject}/{id}
      middleware
      web, utm.parameters
      controller
      App\Http\Controllers\HomeworkLibraryController@show
      namespace
      where
      as
      homework.show
      file
      app/Http/Controllers/HomeworkLibraryController.php:79-176
      20 statements were executed, 5 of which were duplicates, 15 unique. Show only duplicated88.25ms
      • Connection Establishedtwenty4_siteHomeworkLibraryController.php#91
        Backtrace
        • 13. app/Http/Controllers/HomeworkLibraryController.php:91
        • 14. vendor/laravel/framework/src/Illuminate/Routing/Controller.php:54
        • 15. vendor/laravel/framework/src/Illuminate/Routing/ControllerDispatcher.php:43
        • 16. vendor/laravel/framework/src/Illuminate/Routing/Route.php:260
        • 17. vendor/laravel/framework/src/Illuminate/Routing/Route.php:205
      • select * from `solutionslibrary` where `status` = 'published' and `price` > 0 and `solutionslibrary`.`id` = '27913' limit 1
        14.62mstwenty4_siteHomeworkLibraryController.php#97
        Bindings
        • 0: published
        • 1: 0
        • 2: 27913
        Backtrace
        • 16. app/Http/Controllers/HomeworkLibraryController.php:97
        • 17. vendor/laravel/framework/src/Illuminate/Routing/Controller.php:54
        • 18. vendor/laravel/framework/src/Illuminate/Routing/ControllerDispatcher.php:43
        • 19. vendor/laravel/framework/src/Illuminate/Routing/Route.php:260
        • 20. vendor/laravel/framework/src/Illuminate/Routing/Route.php:205
      • select * from `subjects` where `subjects`.`id` in (19)
        1.26mstwenty4_siteHomeworkLibraryController.php#97
        Backtrace
        • 21. app/Http/Controllers/HomeworkLibraryController.php:97
        • 22. vendor/laravel/framework/src/Illuminate/Routing/Controller.php:54
        • 23. vendor/laravel/framework/src/Illuminate/Routing/ControllerDispatcher.php:43
        • 24. vendor/laravel/framework/src/Illuminate/Routing/Route.php:260
        • 25. vendor/laravel/framework/src/Illuminate/Routing/Route.php:205
      • select * from `solutionslibrary_files` where `solutionslibrary_files`.`solutionlib_id` in (27913)
        13.72mstwenty4_siteHomeworkLibraryController.php#97
        Backtrace
        • 21. app/Http/Controllers/HomeworkLibraryController.php:97
        • 22. vendor/laravel/framework/src/Illuminate/Routing/Controller.php:54
        • 23. vendor/laravel/framework/src/Illuminate/Routing/ControllerDispatcher.php:43
        • 24. vendor/laravel/framework/src/Illuminate/Routing/Route.php:260
        • 25. vendor/laravel/framework/src/Illuminate/Routing/Route.php:205
      • select * from `subject_cats` where `subject_cats`.`id` = 4 limit 1
        14.19mstwenty4_siteHomeworkLibrary.php#201
        Bindings
        • 0: 4
        Backtrace
        • 20. app/Models/HomeworkLibrary/HomeworkLibrary.php:201
        • 26. app/Http/Controllers/HomeworkLibraryController.php:105
        • 27. vendor/laravel/framework/src/Illuminate/Routing/Controller.php:54
        • 28. vendor/laravel/framework/src/Illuminate/Routing/ControllerDispatcher.php:43
        • 29. vendor/laravel/framework/src/Illuminate/Routing/Route.php:260
      • select * from `solutionslibrary` where `id` <> 27913 and `subject` = 19 and `status` = 'published' and `price` > 0 order by RAND() limit 6
        24.67mstwenty4_siteHomeworkLibraryRepository.php#30
        Bindings
        • 0: 27913
        • 1: 19
        • 2: published
        • 3: 0
        Backtrace
        • 14. app/Repositories/HomeworkLibraryRepository.php:30
        • 15. vendor/laravel/framework/src/Illuminate/Cache/Repository.php:397
        • 16. vendor/laravel/framework/src/Illuminate/Cache/CacheManager.php:419
        • 18. app/Repositories/HomeworkLibraryRepository.php:39
        • 19. app/Http/Controllers/HomeworkLibraryController.php:139
      • select * from `subjects` where `subjects`.`id` in (19)
        1.2mstwenty4_siteHomeworkLibraryRepository.php#30
        Backtrace
        • 19. app/Repositories/HomeworkLibraryRepository.php:30
        • 20. vendor/laravel/framework/src/Illuminate/Cache/Repository.php:397
        • 21. vendor/laravel/framework/src/Illuminate/Cache/CacheManager.php:419
        • 23. app/Repositories/HomeworkLibraryRepository.php:39
        • 24. app/Http/Controllers/HomeworkLibraryController.php:139
      • select * from `solutionslibrary_files` where `solutionslibrary_files`.`solutionlib_id` = 27913 and `solutionslibrary_files`.`solutionlib_id` is not null and `publish` = 'question' order by `order` asc, `id` asc
        1.24mstwenty4_siteHomeworkLibrary.php#260
        Bindings
        • 0: 27913
        • 1: question
        Backtrace
        • 15. app/Models/HomeworkLibrary/HomeworkLibrary.php:260
        • 16. app/Transformers/HomeworkLibrary/HomeworkLibraryTransformer.php:58
        • 19. vendor/league/fractal/src/TransformerAbstract.php:128
        • 20. vendor/league/fractal/src/TransformerAbstract.php:107
        • 21. vendor/league/fractal/src/Scope.php:383
      • select * from `solutionslibrary_files` where `solutionslibrary_files`.`solutionlib_id` = 27913 and `solutionslibrary_files`.`solutionlib_id` is not null and `publish` = 'teaser' order by `order` asc, `id` asc
        1.32mstwenty4_siteHomeworkLibrary.php#260
        Bindings
        • 0: 27913
        • 1: teaser
        Backtrace
        • 15. app/Models/HomeworkLibrary/HomeworkLibrary.php:260
        • 16. app/Transformers/HomeworkLibrary/HomeworkLibraryTransformer.php:69
        • 19. vendor/league/fractal/src/TransformerAbstract.php:128
        • 20. vendor/league/fractal/src/TransformerAbstract.php:107
        • 21. vendor/league/fractal/src/Scope.php:383
      • select * from `solutionslibrary_files` where `solutionslibrary_files`.`solutionlib_id` = 27913 and `solutionslibrary_files`.`solutionlib_id` is not null and `publish` = 'solution' order by `order` asc, `id` asc
        1.06mstwenty4_siteHomeworkLibrary.php#260
        Bindings
        • 0: 27913
        • 1: solution
        Backtrace
        • 15. app/Models/HomeworkLibrary/HomeworkLibrary.php:260
        • 16. app/Transformers/HomeworkLibrary/HomeworkLibraryTransformer.php:80
        • 19. vendor/league/fractal/src/TransformerAbstract.php:128
        • 20. vendor/league/fractal/src/TransformerAbstract.php:107
        • 21. vendor/league/fractal/src/Scope.php:383
      • select * from `subject_cats` where `subject_cats`.`id` = 4 limit 1
        1.27mstwenty4_siteHomeworkLibrary.php#201
        Bindings
        • 0: 4
        Backtrace
        • 20. app/Models/HomeworkLibrary/HomeworkLibrary.php:201
        • 32. vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:110
        • 33. vendor/laravel/framework/src/Illuminate/View/Engines/PhpEngine.php:58
        • 34. vendor/livewire/livewire/src/ComponentConcerns/RendersLivewireComponents.php:69
        • 35. vendor/laravel/framework/src/Illuminate/View/Engines/CompilerEngine.php:70
      • select * from `subject_cats` where `subject_cats`.`id` = 1 limit 1
        1.08mstwenty4_siteSubject.php#100
        Bindings
        • 0: 1
        Backtrace
        • 18. app/Models/Subject.php:100
        • 19. vendor/laravel/framework/src/Illuminate/Cache/Repository.php:397
        • 20. vendor/laravel/framework/src/Illuminate/Cache/CacheManager.php:419
        • 22. app/Models/Subject.php:101
        • 34. vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:110
      • select * from `subject_cats` where `subject_cats`.`id` = 3 limit 1
        1.64mstwenty4_siteSubject.php#100
        Bindings
        • 0: 3
        Backtrace
        • 18. app/Models/Subject.php:100
        • 19. vendor/laravel/framework/src/Illuminate/Cache/Repository.php:397
        • 20. vendor/laravel/framework/src/Illuminate/Cache/CacheManager.php:419
        • 22. app/Models/Subject.php:101
        • 34. vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:110
      • select * from `subject_cats` where `subject_cats`.`id` = 4 limit 1
        1.1mstwenty4_siteSubject.php#100
        Bindings
        • 0: 4
        Backtrace
        • 18. app/Models/Subject.php:100
        • 19. vendor/laravel/framework/src/Illuminate/Cache/Repository.php:397
        • 20. vendor/laravel/framework/src/Illuminate/Cache/CacheManager.php:419
        • 22. app/Models/Subject.php:101
        • 34. vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:110
      • select * from `subject_cats` where `subject_cats`.`id` = 10 limit 1
        1.4mstwenty4_siteSubject.php#100
        Bindings
        • 0: 10
        Backtrace
        • 18. app/Models/Subject.php:100
        • 19. vendor/laravel/framework/src/Illuminate/Cache/Repository.php:397
        • 20. vendor/laravel/framework/src/Illuminate/Cache/CacheManager.php:419
        • 22. app/Models/Subject.php:101
        • 34. vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:110
      • select * from `subject_cats` where `subject_cats`.`id` = 33 limit 1
        1.25mstwenty4_siteSubject.php#100
        Bindings
        • 0: 33
        Backtrace
        • 18. app/Models/Subject.php:100
        • 19. vendor/laravel/framework/src/Illuminate/Cache/Repository.php:397
        • 20. vendor/laravel/framework/src/Illuminate/Cache/CacheManager.php:419
        • 22. app/Models/Subject.php:101
        • 34. vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:110
      • select * from `subject_cats` where `subject_cats`.`id` = 11 limit 1
        1.19mstwenty4_siteSubject.php#100
        Bindings
        • 0: 11
        Backtrace
        • 18. app/Models/Subject.php:100
        • 19. vendor/laravel/framework/src/Illuminate/Cache/Repository.php:397
        • 20. vendor/laravel/framework/src/Illuminate/Cache/CacheManager.php:419
        • 22. app/Models/Subject.php:101
        • 34. vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:110
      • select * from `subject_cats` where `subject_cats`.`id` = 5 limit 1
        1.08mstwenty4_siteSubject.php#100
        Bindings
        • 0: 5
        Backtrace
        • 18. app/Models/Subject.php:100
        • 19. vendor/laravel/framework/src/Illuminate/Cache/Repository.php:397
        • 20. vendor/laravel/framework/src/Illuminate/Cache/CacheManager.php:419
        • 22. app/Models/Subject.php:101
        • 34. vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:110
      • select * from `subject_cats` where `subject_cats`.`id` = 34 limit 1
        1.72mstwenty4_siteSubject.php#100
        Bindings
        • 0: 34
        Backtrace
        • 18. app/Models/Subject.php:100
        • 19. vendor/laravel/framework/src/Illuminate/Cache/Repository.php:397
        • 20. vendor/laravel/framework/src/Illuminate/Cache/CacheManager.php:419
        • 22. app/Models/Subject.php:101
        • 34. vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:110
      • select * from `subject_cats` where `subject_cats`.`id` = 31 limit 1
        1.26mstwenty4_siteSubject.php#100
        Bindings
        • 0: 31
        Backtrace
        • 18. app/Models/Subject.php:100
        • 19. vendor/laravel/framework/src/Illuminate/Cache/Repository.php:397
        • 20. vendor/laravel/framework/src/Illuminate/Cache/CacheManager.php:419
        • 22. app/Models/Subject.php:101
        • 34. vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:110
      • select * from `subject_cats` where `subject_cats`.`id` = 36 limit 1
        1.98mstwenty4_siteSubject.php#100
        Bindings
        • 0: 36
        Backtrace
        • 18. app/Models/Subject.php:100
        • 19. vendor/laravel/framework/src/Illuminate/Cache/Repository.php:397
        • 20. vendor/laravel/framework/src/Illuminate/Cache/CacheManager.php:419
        • 22. app/Models/Subject.php:101
        • 28. view::components.footer:170
      App\Models\SubjectCat
      12SubjectCat.php
      App\Models\HomeworkLibrary\HomeworkLibrary
      7HomeworkLibrary.php
      App\Models\HomeworkLibrary\HomeworkLibraryFile
      4HomeworkLibraryFile.php
      App\Models\Subject
      2Subject.php
          _token
          mS0cat9QAj7SJLClXa7DAM77RSZWcZRB6SWK3X2m
          utm_source
          direct
          redirectUrl
          /college-homework-library/Business/Finance/27913
          _previous
          array:1 [ "url" => "https://staging.dev.24houranswers.com/college-homework-library/Business/Financ...
          _flash
          array:2 [ "old" => [] "new" => [] ]
          PHPDEBUGBAR_STACK_DATA
          []
          path_info
          /college-homework-library/Business/Finance/27913
          status_code
          200
          
          status_text
          OK
          format
          html
          content_type
          text/html; charset=UTF-8
          request_query
          []
          
          request_request
          []
          
          request_headers
          0 of 0
          array:21 [ "priority" => array:1 [ 0 => "u=0, i" ] "accept-encoding" => array:1 [ 0 => "gzip, deflate, br, zstd" ] "sec-fetch-dest" => array:1 [ 0 => "document" ] "sec-fetch-user" => array:1 [ 0 => "?1" ] "sec-fetch-mode" => array:1 [ 0 => "navigate" ] "sec-fetch-site" => array:1 [ 0 => "none" ] "accept" => array:1 [ 0 => "text/html,application/xhtml+xml,application/xml;q=0.9,image/avif,image/webp,image/apng,*/*;q=0.8,application/signed-exchange;v=b3;q=0.7" ] "user-agent" => array:1 [ 0 => "Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)" ] "upgrade-insecure-requests" => array:1 [ 0 => "1" ] "sec-ch-ua-platform" => array:1 [ 0 => ""Windows"" ] "sec-ch-ua-mobile" => array:1 [ 0 => "?0" ] "sec-ch-ua" => array:1 [ 0 => ""HeadlessChrome";v="129", "Not=A?Brand";v="8", "Chromium";v="129"" ] "cache-control" => array:1 [ 0 => "no-cache" ] "pragma" => array:1 [ 0 => "no-cache" ] "x-amzn-trace-id" => array:1 [ 0 => "Root=1-68037a6f-0e2d524160631350320bf6c1" ] "host" => array:1 [ 0 => "staging.dev.24houranswers.com" ] "x-forwarded-port" => array:1 [ 0 => "443" ] "x-forwarded-proto" => array:1 [ 0 => "https" ] "x-forwarded-for" => array:1 [ 0 => "3.145.36.46" ] "content-length" => array:1 [ 0 => "" ] "content-type" => array:1 [ 0 => "" ] ]
          request_cookies
          []
          
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