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As the new vice president (VP) of finance, you report to the chief financial officer (CFO). In this capacity, your responsibilities include the assessment of
As the new vice president (VP) of finance, you report to the chief financial officer (CFO). In this capacity, your responsibilities include the assessment of new business investment opportunities to grow Apex's expansion endeavors in a challenging market. Use the following formula to calculate the free cash flow from assets for Apex: Operating cash flow - CAPEX - Change in OWC Operation cash flow: $600,000 Capital expenditure (CAPEX): $200,000 Change in operating working capital (OWC): $20,000. $780,000 $300,000 $820,000 $380,000
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