Question
BubbaHo-Tep Company reported net income of $310 million for the most recent fiscal year. The firm had depreciation expenses of $100 million and capital expenditures
BubbaHo-Tep Company reported net income of $310 million for the most recent fiscal year. The firm had depreciation expenses of $100 million and capital expenditures of $155 million. Although it had no interestexpense, the firm did have an increase in net working capital of $30 million. What is BubbaHo-Tep's free cashflow?
A.
$225 million
B.
$285 million
C.
$25 million
D.
$595 million
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Management Science The Art Of Modeling With Spreadsheets
Authors: Stephen G. Powell, Kenneth R. Baker
3rd Edition
0470530677, 978-0470530672
