FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please explain step-by-step. TSW Inc. data for 2020 & 2019 is as follows: 2020 2019 EBITDA 7,900 EBITDA 7,100 Depreciation & amort. 780 Depreciation &

image text in transcribed

Please explain step-by-step.

TSW Inc. data for 2020 & 2019 is as follows: 2020 2019 EBITDA 7,900 EBITDA 7,100 Depreciation & amort. 780 Depreciation & amort. 590 Interest expense 380 Interest expense 220 Tax rate 40.0% Tax rate 40.0% NOWC 6,408 NOWC 5,534 Net plant & equip. 12,816 Net plant & equip. 10,237 How much free cash flow did the firm generate during 2020? $6,510 A. B. $3,906 $7,120 $818

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cryptocurrency Trading Guide For Beginners

Cryptocurrency Trading Guide For Beginners

Authors: Miquel Vidal ,Joan Garcia Guerrero

1st Edition

979-8705488575

More Books

Students also viewed these Finance questions

Question

★★★★★
Shrewsbury Herbal Products, located in central England close to the Welsh border, is an old-line producer of herbal teas, seasonings, and medicines. Its products are marketed all over the United...

Answered: 1 week ago

Question

★★★★★
For the normal distribution of burning times of electric light bulbs, with a mean equal to 1200 hours and a standard deviation equal to 120 hours, what burning time is identified with the (a) Upper...

Answered: 1 week ago

Question

★★★★★
=+on the dollar because they make investments in dollar-denominated securities less attractive to foreigners, prompting the selling of dollars. In addition, the optimism

Answered: 1 week ago

Question

★★★★★
The Morgan Corporation has two different bonds currently outstanding. Bond M has a face value of $30,000 and matures in 20 years. The bond makes no payments for the first six years, then pays $800...

Answered: 1 week ago

Question

★★★★★
Please explain step-by-step. TSW Inc. data for 2020 & 2019 is as follows: 2020 2019 EBITDA 7,900 EBITDA 7,100 Depreciation & amort. 780 Depreciation & amort. 590 Interest expense 380 Interest expense...

Answered: 1 week ago

Question

★★★★★
Hi, If you can solve this using EXCEL that would be Amazing. Please do not use power series to answer it. Thank you. 2. Linda Baer has already saved $6,500 to buy a used vehicle. Ignoring taxes and...

Answered: 1 week ago

Question

★★★★★
Question 9 12 pts Each year about 1500 students take the Introductory statistics course at a large university. This year scores on the final exam are distributed with a median of 74 points, a mean of...

Answered: 1 week ago

Question

★★★★★
Solve 2 cos(x) - 3 cos(x) + 1 = 0 for all solutions 0 Answered: 1 week ago

Answered: 1 week ago

Question

★★★★★
Assume that investor's care about the first four moments of the return distribution. Given the following information which investment would investors prefer? Stock A: Mean Return = 10%, Standard...

Answered: 1 week ago

Question

★★★★★
How is power divided between the Board of Directors, individual directors and shareholders? Why power is divided this way? Does this division of power create any issues? If so, for whom?

Answered: 1 week ago

Question

★★★★★
Consider the demand equation for University of Alberta hoodies p = -0.03x + 30.0 for 0 x 1000. This describes the relation between the hoodie price p in dollars and the amount of hoodies demanded....

Answered: 1 week ago

Previous Question Next Question