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Innovative Designs recently reported $230,000 of sales, $140,500 of operating costs other than 6.75% interest rate, and its tax rate was 35%. In order to

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Innovative Designs recently reported $230,000 of sales, $140,500 of operating costs other than 6.75% interest rate, and its tax rate was 35%. In order to sustain its operations, t capital. What was the firm's free cash flow (FCF)? $9.200 of depreciation. The company had $35,250 of outstanding bonds that carry a he firm spent $15,250 on new fixed assets (capital expenditures) and invested an additional $6,050 in net operating working Your answer should be between 38000 and 42000, rounded to even dollars (although decimal places are okay), with no special characters. G Search or type URL

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