FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Thisyear, FCF Inc. has earnings before interest and taxes of $10.31 million, depreciation expenses of $ 0 . 5 million, capital expenditures of $ 1

Thisyear, FCF Inc. has earnings before interest and taxes of $10.31million, depreciation expenses of $0.5million, capital expenditures of $1.1million, and has increased its net working capital by $600,000.If its tax rate is 30%,what is its free cashflow?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals of Corporate Finance

Fundamentals of Corporate Finance

Authors: Berk, DeMarzo, Harford

2nd edition

132148234, 978-0132148238

More Books

Students also viewed these Finance questions

Question

★★★★★
Listed in random order are some of Oxford Services Companys account balances as of December 31, 2014. Place the balances in proper order and prepare a balance sheet Accounts Payable 50,000 Building...

Answered: 1 week ago

Question

★★★★★
Identify five products for which surrogate indicators may be used as evaluative criteria in a brand-choice decision. Why are the indicators used, and how might a firm enhance their use (i.e.,...

Answered: 1 week ago

Question

★★★★★
2. Which of the following is the most important thing to do in learning science? (a) faithfully do the work the teacher tells you, (b) try to see how the explanation makes sense, (c) try to remember...

Answered: 1 week ago

Question

★★★★★
Garco is considering replacing an old machine that is currently being used. The old machine is fully depreciated, but it can be used for another 5 years, at which time it would have no terminal...

Answered: 1 week ago

Question

★★★★★
Carbex, Inc., produces cutlery sets out of high-quality wood and steel. The company makes a standard cutlery set and a deluxe set and sells them to retail department stores throughout the country....

Answered: 1 week ago

Question

★★★★★
U.P.I. Industries Ltd., a Canadian corporation, has recently been designated a public corporation. Its shares are traded on the Winnipeg Stock Exchange. Over the past year, the company has pursued an...

Answered: 1 week ago

Question

★★★★★
solve

Answered: 1 week ago

Question

★★★★★
Identify and explain the weaknesses and strengths of Amanda as a potential leader based on Five practices in the LPI report. Use the link Leadership Practices Inventory (LPI) Study the Leadership...

Answered: 1 week ago

Question

★★★★★
1.Rule 203 of the AICPAs Code of Professional Conduct pertains to a. CPAs independence b. authorities designated to establish accounting standards c. standards of competency d. solicitation of new...

Answered: 1 week ago

Question

★★★★★
The Bonggang Bonggang Bang Bang Shop makes three basic types of noisemakers: Beng, Bang, and Bong. A Beng can be made in 30 minutes and has a feather attached to it. A Bang requires 15 minutes, has...

Answered: 1 week ago

Question

★★★★★
Question 8 Refer to Step 3.3. In the "Constrained " or "Long Only" version of the optimal risky portfolio , what is the portlolio standard deviation ? Write your answer as a percentage , with no...

Answered: 1 week ago

Question

★★★★★
Answer the following question with detail explanation including example of experience of utilizing concurrent engineering in a development process. What were some of the roadblocks encountered in the...

Answered: 1 week ago

Question

★★★★★
PROJECT OVERVIEW For the Computer and Network Security ( IAS 2 2 5 3 ) course, a large portion ( 4 0 % ) of your grade consists of a final project - based examination. The purpose of this project is...

Answered: 1 week ago

Question

★★★★★
Intermediate: Analysis of under/over recovery of overheads and a discussion of blanket versus department overheads (a) One of the factories in the XYZ Group of companies absorbs fixed production over...

Answered: 1 week ago

Question

★★★★★
Intermediate: Various overhead absorption rates AC Limited is a small company which undertakes a variety of jobs for its customers. An enquiry has been received, and the produc tion department has...

Answered: 1 week ago

Question

★★★★★
Intermediate: Calculation of under/over recovery of overheads A company produces several products which pass through the two production departments in its factory. These two departments are concerned...

Answered: 1 week ago

Previous Question Next Question