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QualityUsedCars Inc reported net income of ( $ 300 ) million for the most recent fiscal year. The firm had CCA expenses of $125 million
QualityUsedCars Inc reported net income of ( $ 300 ) million for the most recent fiscal year. The firm had CCA expenses of $125 million and capital expenditures of ( $ 150 ) million. Although they had no interest expense, the firm did have an increase in net working capital of ( $ 20 ) million. What is the firm's free cash flow? a. $255 million b. ( $ 295 ) million c. $305 million d. ( $ 345 ) million e. ( $ 595 ) million
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