Select information from BOINKE Corporations financial statements is provided here.

Balance Sheets as of December 31	2014		2013
Current Assets	360,000		270,000
Net Plant and Equipment	840,000		810,000
Total Assets	1,200,000		1,080,000
Accounts Payable	60,000		64,800
Notes Payable	84,000		32,400
Accruals	36,000		75,600
Long-Term Bonds	312,000		259,200
Total Common Equity	708,000		648,000
Total Liabilities & Equity	1,200,000		1,080,000
Income Statement	2014
Earnings before interest and taxes	360,000.0
Depreciation and Amortization	42,000.0
Interest	31,200.0
Taxes 40%	131,520.0
Net Income	197,280.0
Other Information	2014
WACC	12.40%
Number of shares outstanding	24,000
Price per share	$22.13

What was 2014 free cash flow?

Question 9 options:

	$51,600
	$9,600
	$93,600
	$103,200

Select information from ADINIKE Corporations financial statements is provided here.

Balance Sheets as of December 31	2014		2013
Current Assets	330,000		247,500
Net Plant and Equipment	770,000		742,500
Total Assets	1,100,000		990,000
Accounts Payable	55,000		59,400
Notes Payable	77,000		29,700
Accruals	33,000		69,300
Long-Term Bonds	286,000		237,600
Total Common Equity	649,000		594,000
Total Liabilities & Equity	1,100,000		990,000
Income Statement as of December 31	2014
EBITDA	330,000.0
Depreciation and Amortization	38,500.0
Interest	28,600.0
Taxes 40%	105,160.0
Net Income	157,740.0
Other Information	2014
WACC	22.20%
Number of common shares outstanding	11,000
Price per share	$88.50

What was 2014 Free Cash Flow ?

Question 6 options:

	$62,700
	$24,200
	$(14,300)
	$71,500