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ABC company's free cash flow was $100,000, depreciation of $30,000, and had a tax rate of 40%. The firm's expenditures on fixed assets and net

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ABC company's free cash flow was $100,000, depreciation of $30,000, and had a tax rate of 40%. The firm's expenditures on fixed assets and net operating working capital totaled $50,000. ABC company's reported operating income was: Select one: a. $100,000 b. $150,000 c. $200,000 d. $82,000

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