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Suppose CORP generates $100M in revenue in year t by selling products the firm produced in year t. The sales are paid in cash and
Suppose CORP generates $100M in revenue in year t by selling products the firm produced in year t. The sales are paid in cash and have a COGS of $80M. What is the effect of these sales on CORP's UFCF for year t (assuming a 50% income tax rate)? Group of answer choices They increase UFCF by $20M They increase UFCF by $10M They increase UFCF by $100M They increase UFCF by $80M They do not affect UFCF
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