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Free cash flow is the amount of cash that if withdrawn would harm the firm's ability to operate and to produce future cash flows. a)

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Free cash flow is the amount of cash that if withdrawn would harm the firm's ability to operate and to produce future cash flows. a) True b) False Question 11 (1 point) Publishing Inc. recently reported $10,750 of sales, $5,500 of operating costs other than depreciation, and $1,250 of depreciation. The company had $3,500 of bonds that carry a 6.25% interest rate, and its federal-plus-state income tax rate was 35%. During the year, the firm had expenditures on fixed assets and net operating working capital that totaled $1,550. These expenditures were necessary for it to sustain operations and generate future sales and cash flows. What was its free cash flow? O a) $1,716 Ob) $1,469 Oc) $2,300 d) $1,650

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