Question
A FIRM REPORTS THAT IN A CERTAIN YEAR IT HAD A NET INCOME OF 4.5 MILLION, DEPRECIATION EXPENSE OF $2.8 MILLION, CAPITAL EXPENDITURE OF 2.3
A FIRM REPORTS THAT IN A CERTAIN YEAR IT HAD A NET INCOME OF 4.5 MILLION, DEPRECIATION EXPENSE OF $2.8 MILLION, CAPITAL EXPENDITURE OF 2.3 MILLION, AND NWC DECREASED BY 1.5 MILLION. WHAT IS THE FIRM'S FREE CASH FLOW FOR THAT YEAR?
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The Handbook Of European Fixed Income Securities
Authors: Frank J. Fabozzi, Moorad Choudhry
1st Edition
0471430390, 978-0471430391
