Question
Sharp Electronics recently reported: Operating income = 3693970 Depreciation of $1,550,000, Tax rate of 35%. The firm's expenditures on fixed assets totaled $800,000 and net
Sharp Electronics recently reported:
Operating income = 3693970
Depreciation of $1,550,000,
Tax rate of 35%.
The firm's expenditures on fixed assets totaled $800,000 and net operating working capital decreased by $300,000.
How much was Sharp Electronics' free cash flow?
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Public Sector Accounting And Budgeting For Non-Specialists
Authors: G. Jan Van Helden, Ron Hodges
1st Edition
1137376988, 9781137376985
