Company A is a mature company with a constant growth rate of 2%. Real GDP growth is expected to average 3% into the future. Company A has a WACC of 8%. The company's net income this year is $650. Its Free Cash Flow is $850. Using the Gordon Growth Model, what is its value? A firm has a net income of $300, an increase in accounts receivable of $140, an increase in cash of $75, depreciation of $85, and a decrease in accounts payable of $50. Its operating cash flow is: Calumet Cabinets Corporation had sales of $3.2 million in 2007. Its cost of goods sold was $1.4 million, and it had $1.3 million in selling, general, and administrative expenses. It paid interest of $50,000 and dividends to its shareholders of $10,000. For simplicity, assume a flat tax rate of 40%. The firm's operating profit in 2007 was