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Based on the following data, what is the free cash flow for year 1? Year 1 Revenue 665.00 Fixed costs 80.00 Variable costs 250.00 Additional
Based on the following data, what is the free cash flow for year 1?
| Year |
| 1 |
| Revenue | 665.00 | |
| Fixed costs |
| 80.00 |
| Variable costs |
| 250.00 |
| Additional investment in NWC |
| 15.00 |
| Additional investment in operating long-term assets |
| 90.00 |
| Depreciation |
| 75.00 |
|
|
|
|
| Tax rate | 0.40 |
|
Select one:
a. $137
b. $103
c. $121
d. $126
e. $116
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