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8. In 2019, Fragile Express Delivery spent $28.9 million on capital expenditures, experienced a decrease in net working capital (including cash) equal to $72.8 million,
8. In 2019, Fragile Express Delivery spent $28.9 million on capital expenditures, experienced a decrease in net working capital (including cash) equal to $72.8 million, and realized $26 million in depreciation. What is Fragile Express Delivery's unlevered free cash flow for 2019? O 526.65 O 329.05 O 438.85 O 381.05 9. What does a negative value for unlevered free cash flow imply for the claimants of a firm? The firm is over-investing O Shareholders have made a bad investment The firm must raise capital from the capital markets (eg, debt, equity), or liquidate internal assets (e.g, cash) Revenues are less than costs Management is doing a bad job
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