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A firm has sales of $50,000 , EBIT of $10,000 , depreciation of $4,000 , and fixed assets increased by $2,000 . If the firm's
A firm has sales of
$50,000
, EBIT of
$10,000
, depreciation of
$4,000
, and fixed assets increased by
$2,000
. If the firm's tax rate is 30 percent and there was a
$1,000
increase in net operating working capital, what is the firm's free cash flow?\
$1,200
\
$10,000
\
$9,000
\
$8,000
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