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Suppose you are the only owner of a chain of coffee shops near Universities. Your current cafes are doing well, but you are interested in

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Suppose you are the only owner of a chain of coffee shops near Universities. Your current cafes are doing well, but you are interested in starting Tine-dining restaurant. You decide to use the cash generated from your existing business to enter into a new business. Your accountant provides you with the following data on your current financial performance Financial update as of June 15 Your existing business generates 399,000 in EBIT The corporate tax rate applicable to your business is 25 The depredation expense reported in the financial statements is $18.857. . You don't need to spend any money for new equipment in your existing cales; however you do need $14,850 of additional cath . You also need to purchase 87.920 In additional supplies such as tableothes and napkins, and more formal tableware-oncret It is also estimated that your accruals, including taxes and wages payable, will increase by $4,050, in free cash flow Based on your evaluation you have Free cash flow can be used for various reasons, Induding distributing it to stockholders and debtholders. Which of the following is not a une offre cash flow? Repurchasing common stock Acquiring operating assets

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