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Time on Insurance costs 2 million Increase in working capital 5 million O&M Fees 3 million at of 5 million 32 million 100 million Interest

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Time on Insurance costs 2 million Increase in working capital 5 million O&M Fees 3 million at of 5 million 32 million 100 million Interest Expenses Raw Material and Operating Costs Revenue from sales Capital expenditure Taxes 25 million 5 million 10 million Working capital Calculate unlevered free cash flow 25 million Working capital 5 million 10 million Calculate unlevered free cash flow O a. None of these O b. 53 Oc. 23 O d. 58 e. 28 CLEAR MY CHOICE

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