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A firm's EBIT is $700, its depreciation expense is $50 and its ending net fixed assets and beginning net fixed assets are $2,000 and $2,100

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A firm's EBIT is $700, its depreciation expense is $50 and its ending net fixed assets and beginning net fixed assets are $2,000 and $2,100 respectively. The firm's net working capital increased by $200 and its tax rate is 25%. What is the firm's net capital spending? Multiple Choice $50 cash inflow $100 cash outflow $50 cash outflow $100 cash inflow

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