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Question 16 (5 points) Listen A firm reports that in a certain year it had a Net Income of $6.00 million, Depreciation expenses of $5.00
Question 16 (5 points) Listen A firm reports that in a certain year it had a Net Income of $6.00 million, Depreciation expenses of $5.00 million, Capital Expenditures of $2.00 million, and Net Working Capital decreased by $2.10 million. What is the firm's Free Cash Flow for that year? A) $2.90 million B) $11.10 million C) $5.10 million D) $6.90 million E) $7.10 million
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