You know that a firm's EBIT(1-t) is $765,000, with CAPEX of $690,000, after-tax interest of $45,000, depreciation
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Question:
You know that a firm's EBIT(1-t) is $765,000, with CAPEX of $690,000, after-tax interest of $45,000, depreciation of $520,000 and an increase in working capital of $430,000 for the same year. What is the Free Cash Flow for that year?
- A. $1,025,000
- B. $165,000
- C. $505,000
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0133400694
1st canadian edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi
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