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The 2013 Income Statement and other selected financial information for Company A, as well as projected amounts for 2014, are shown below. There are no
The 2013 Income Statement and other selected financial information for Company A, as well as projected amounts for 2014, are shown below. There are no planned gains or losses on disposal of assets in 2014. Assume a tax rate of 35 percent. What is the projected Free Cash Flow (FCF) for 2014?
1)370
2)389
3)429
4)469
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ompany A Revenues 013 2014 ,000 2,200 1,400 1,540 perating Expenses perating Income 00 660 100 100 00 560 175 196 25 364 Depreciation and Amortization 100 100 100 120 orking Capital at Year End 200 220 Interest Expense Pretax Income ax Expense Net Income apital ExpenditureStep by Step Solution
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