Question
Use the following information to calculate Jen Co's Free Cash Flow to Equity: Operating Income $300,000, Tax expense $75,000, Depreciation $25,000, Capital Expenditures $100,000, Change
Use the following information to calculate Jen Co's Free Cash Flow to Equity:
Operating Income $300,000, Tax expense $75,000, Depreciation $25,000, Capital Expenditures $100,000, Change in working capital (working capital investment) $25,000, Balance of Loan Due $50,000, Preferred stock market value $30,000
| a. | $125,000 | |
| b. | $225,000 | |
| c. | $50,000 | |
| d. | $45,000 |
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
5th Edition
0135811600, 978-0135811603
