Question
The only capital investment required for a small project is investment in inventory. Net income for this year was $10,000 and inventory increased from $4,000
The only capital investment required for a small project is investment in inventory. Net income for this year was $10,000 and inventory increased from $4,000 to $5,000. What was the free cash flow from the project? Assume the net income is realized at the end of the year and that the inventory is increased at the end of the year.
The free cash flow from this project at the end of the year was:
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International Financial Reporting Standards An Introduction
Authors: Belverd Needles, Marian Powers
2nd edition
053847680X, 978-1111793234, 1111793239, 978-0538476805
