Question
Ah meng sdn berhad recently reported $9000 of sales $4000 of operating costs other than depreciation ,and $1500 of depreciation. The company had no amortization
Ah meng sdn berhad recently reported $9000 of sales $4000 of operating costs other than depreciation ,and $1500 of depreciation. The company had no amortization charges it had $4000 of bonds that carry a 7% interest rate and it's income tax rate was 40% to sustain it;s operations and thus gerate sales and cash flow in the future the firm was required to make 800 dollars of capital expenditures on new fixed assests and invest 500 dollars in net current assests. what was its free cash flow
2300 dollars
1600 dollars
2800 dollars
1500 dollars
1100 dollars
please fast
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