Question
Please solve within 30 minutes. Thank you! Last year, your familys small business had the following: Sales 250 Cash Operating expenses 125 Depreciation Expense 25
Please solve within 30 minutes. Thank you!
Last year, your familys small business had the following:
Sales 250
Cash Operating expenses 125
Depreciation Expense 25
EBIT 100
Interest Expense 20
Taxes 25
Net Income 55
During the year, Net Working Capital increased by 10 and the company invested 30 in a remodel of its storefront.
What was the free cash flow to all investors for the year? Show your work or explain your answer.(5 points)
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Management Accounting Information for Decision-Making and Strategy Execution
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
6th Edition
137024975, 978-0137024971
