Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 21 1 pts Chapter 11. Assume Simco's cash flow from operations in the problem above is $52,000. What is Simco's free cash flow for

image text in transcribed
image text in transcribed
Question 21 1 pts Chapter 11. Assume Simco's cash flow from operations in the problem above is $52,000. What is Simco's free cash flow for 2012? $228.000 $218,000 $148,000 $132,000 -$68,000 Chapter 11. Simca had annual sales of $190,000 with associated costs of $120,000 during 2012. The project increased net working capital $70,000 and fixed assets by $200,000 during the year. The project has an 8-year life. The company uses straight fine depreciation to a zero book value over the life of the project. The tax rate is 35 percent. What is Simco's cash flow from operations for 2012? $34,000 $26,000 $46,000 $54,250 $180,250

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

Public Finance

Authors: Harvey S Rosen

7th Edition

0072876484, 978-0072876482

More Books

Students also viewed these Finance questions