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7. During 2006, LSP Corporation had EBIT of $100,000, a change in net fixed assets of $400,000, a change in NWC of $100,000, a depreciation

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7. During 2006, LSP Corporation had EBIT of $100,000, a change in net fixed assets of $400,000, a change in NWC of $100,000, a depreciation expense of $50,000, and a tax rate of 30%. Based on this information, Calculate LSP free cash flow. * -$430,000 $400,000 $30,000 O $430,000

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