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in 2019 the depreciation expense for xyz corp is 200. the firm also spends 600 on a new piece of equipment in that year. given
in 2019 the depreciation expense for xyz corp is 200. the firm also spends 600 on a new piece of equipment in that year. given its financials for the fiscial year 2019 in the below table, the free cash flows in 2019 is closest to?
Note reading of change in working capital: eg change in AR is -55. EG AR in 2018 is 100, and AR in 2019 is 45 thus the change in AR is 45-100 = -55
unlevered net income: 700
Change in AR: -55
Change in inventory 105
Change in AP: -15
A. 365
B. 235
C. 35
D. -165
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