This year, FCF Inc has earnings before interest and taxes of $9,640,000, depreciation expenses of $600,000, capital expenditures of $1,200,000, and has increased its net working capital by $525,000 If its tax rate is 21 , what is its free cash flow The company's free cash flow is $ (Round to two decimal places )

Question

This year, FCF Inc  has earnings before interest and taxes of $9,640,000, depreciation expenses of $600,000, capital expenditures of $1,200,000, and has increased its net working capital by $525,000  If its tax rate is 21 , what is its free cash flow  The company's free cash flow is $  (Round to two decimal places )

Accepted Answer

The Answer is in the image, click to view ...

Question

This year, FCF Inc. has earnings before interest and taxes of $9,640,000, depreciation expenses of $600,000, capital expenditures of $1,200,000, and has increased its net

Step by Step Solution

Step: 1

Get Instant Access to Expert-Tailored Solutions

Step: 2

Step: 3

Ace Your Homework with AI