Question
If you are given the following Income Statement and from the Balance Sheet you learned that the CAPX in 2014 was $300 and the NWC
If you are given the following Income Statement and from the Balance Sheet you learned that the CAPX in 2014 was $300 and the NWC between 2014 and 2013 was $225, what is the free cash flow in 2014?
| Income Statement | 2014 |
| Sales | $2,750.00 |
| Operating Costs | ($1,100.00) |
| Depreciation | ($350.00) |
| EBIT | $1,300.00 |
| Interest (5%) | $125.00 |
| EBT | $1,175.00 |
| Taxes (40%) | $470.00 |
| Net Income | $705.00 |
a. $605.00
b. $1,130.00
c. $525.00
d. $780.00
e. None of the above
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
DeFi And The Future Of Finance
Authors: Campbell R. Harvey, Ashwin Ramachandran, Joey Santoro, Vitalik Buterin, Fred Ehrsam
1st Edition
1119836018, 978-1119836018
