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A company has the following financial information: Net operating profit after taxes $18,000 Capital expenditures 10,000 Depreciation expense 8,000 Change in working capital 4,000 What
A company has the following financial information:
Net operating profit after taxes $18,000
Capital expenditures 10,000
Depreciation expense 8,000
Change in working capital 4,000
What amount is the company's free cash flow?
A) $4,000
B) $8,000
C) $12,000
D) $16,000
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