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Suppose that Simco's cash flow from operations from a project in 2020 is $80,000. If the project increased net working capital by $70,000 and fixed
Suppose that Simco's cash flow from operations from a project in 2020 is $80,000. If the project increased net working capital by $70,000 and fixed assets by $150,000 during the year. What is Simco's free cash flow for 2020? Assume Simco's tax rate is 35%. 0-$228,000 0.568,000 O $120.000 0-$218.000 0-$140.000
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