Question
1. Please calculate free cash flow to the firm . EBIT = $50; Dividends = $20, Interest expense = $5; Tax rate = 30%; NOWC
1. Please calculate free cash flow to the firm .
EBIT = $50; Dividends = $20, Interest expense = $5; Tax rate = 30%; NOWC last year = $20; NOWC this year = $17; New net fixed assets (also called new net operating long-term assets) during the year of $20
a) -$2.00
b) $13.00
c) $16.00
d) $18.00
e) $23.00
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Short Term Financial Management
Authors: Ned C Hill
1st Edition
0023548207, 978-0023548208
