Question
TSW Inc. data for 2020 & 2019 is as follows: 2020 2019 EBITDA 7,900 EBITDA 7,200 Depreciation & amort. 670 Depreciation & amort. 590 Interest
TSW Inc. data for 2020 & 2019 is as follows:
|
| 2020 |
|
| 2019 |
| EBITDA | 7,900 |
| EBITDA | 7,200 |
| Depreciation & amort. | 670 |
| Depreciation & amort. | 590 |
| Interest expense | 480 |
| Interest expense | 210 |
| Tax rate | 40.0% |
| Tax rate | 40.0% |
| NOWC | 6,507 |
| NOWC | 5,619 |
| Net plant & equip. | 13,014 |
| Net plant & equip. | 10,394 |
How much free cash flow did the firm generate during 2020?
| A. | $4,992 | |
| B. | $6,070 | |
| C. | $830 | |
| D. | $3,642 |
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Analysis for Financial Management
Authors: Robert Higgins
11th edition
77861787, 978-0077861780
