Question
NOPAT in year 2021 was $1,750, investment in net fixed assets was $500 and investment on net operating working capital was $200. What was free
NOPAT in year 2021 was $1,750, investment in net fixed assets was $500 and investment on net operating working capital was $200. What was free cash flow in 2021?
| a. | $1,750 | |
| b. | $1,250 | |
| c. | $1,050 | |
| d. | $1,800 | |
| e. | Cannot be determined from the information |
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International Financial Management
Authors: Cheol Eun, Bruce G. Resnick
8th edition
125971778X, 978-1259717789
