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5. In 2016, Foolad Company had cash flow from investing activities of (- $110,000), and cash flow from financing activities of (+$60,000). During 2016, Foolad

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5. In 2016, Foolad Company had cash flow from investing activities of (- $110,000), and cash flow from financing activities of (+$60,000). During 2016, Foolad had the following cash flows from operating activities: EBT = $128,333.33; Tax rate = 40%; Depreciation and Amortization = $10,000 : Accounts payable increased by $45.000 : Inventories increased by $10,000. If the cash balance of Foolad at the end of year 2015 was $10,000. Calculate the cash balance at the end of year 2016* O $ 82,000 O $ 72,000 O $ 62,000 O $ 42,000 O None of the above 6. During 2020, LSP Corporation had EBIT of $900,000, a change in net fixed assets of $400,000, a change in NWC of $100,000, a depreciation expense of $100,000, and a tax rate of 30%. Based on this information, Calculate LSP free cash flow. $ 630,000 $ 130,000 O $ 180,000 $ 830,000 O None of the above

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