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ABC industries had the following operating results for last year: sales = $ 2 8 , 9 0 0 ; cost of goods sold =
ABC industries had the following operating results for last year: sales $; cost of goods sold $; depreciation expense $; interest expense $; dividends paid $ At the beginning of the year, net fixed assets were $ current assets were $ and current liabilities were $ At the end of the year, net fixed assets were $ current assets were $ and current liabilities were $ The tax rate for last year was percent. Assume there is no short term investments and notes payable. What was the free cash flow for last year?
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a $
b $
c $
d $
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