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Westlake Corporation has the following information (obtained) from its balance sheet, income statement and statement of retained earnings. Increase in current assets $50 EBIT $75

Westlake Corporation has the following information (obtained) from its balance sheet, income statement and statement of retained earnings.

Increase in current assets

$50

EBIT

$75

Interest expense

$25

Increase in accounts payable

$35

dividends

$15

Increase in common stock

$20

Increase in gross fixed assets

$35

Depreciation expense

$12

Income taxes

$17

1.Compute its free cash flow from operations.

2. What are the uses of Westlakes free cash flows.

3. Interpret the results above.

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