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Medico Supplies Ltd prepares forecasts for its company for the coming year. Based on the following expected results, calculate the expected free cash flow to
Medico Supplies Ltd prepares forecasts for its company for the coming year. Based on the following expected results, calculate the expected free cash flow to firm (FCFF) for the year. Earnings before interest and tax (EBIT) $1.205m Depreciation $400,000 Interest Expense $300,000 Dividend Payments $200,000 Net Capex $1million Increase in Current Assets $200,000 Increase in Current Liabilities $400,000 Tax Rate 30% Select one: A. $523,500 B. $323,500 C. $443,500 D. $723,500
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