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200-2 online - Financial Management estion 5 t yet wered -ked out of Question (3 Marks) CL03 XYZ Inc. recently reported operating income of AED2.75

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200-2 online - Financial Management estion 5 t yet wered -ked out of Question (3 Marks) CL03 XYZ Inc. recently reported operating income of AED2.75 million, depreciation of AED 1.20 million, and had a tax rate of 40%. The firm's expenditures on fixed assets and net operating working capital totaled AEDO.6 million. A] How much was its free cash flow (FCF), in millions? [2] B] Analyze the importance of the FCF as a financial indicator for the company. [1] og question Heading 4 BIEL MacBook Pro @ & 2 3 $ 4 E % 5 0 6 7 7 V 8 W E R T Y ga E S 0 F G HTJ

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