Question
what is McFarsen's Free Cash Flow for 2017 if Gross Fixed Assets was $2.4 million at the end of 2016, and $2.7 million at the
what is McFarsen's Free Cash Flow for 2017 if Gross Fixed Assets was $2.4 million at the end of 2016, and $2.7 million at the end of 2017. Also assume that cash, accounts receivable and inventory were $0.35 million, $0.76 million and $0.47 million, respectively, at the end of 2016, and $0.46 million, $0.68 million and $0.54 million, respectively, at the end of 2017.Accounts payable and accruals were $0.46 million and $0.37 million, respectively, at the end of 2016, and $0.38 million and $0.32 million, respectively, at the end of 2017.What are the potential uses of a company's free cash flow?
Barry's Berries (BB) reported net sales of $12.56 million and operating expenses of $8.74 million last year.They paid interest of 7.5% on $3 million of debt.Their Earnings Before Taxes was $2.54 million.Assuming no amortization expense was reported, what was BB's depreciation for the year?
Why is depreciation added back to net income in order to find a company's net cash flow?
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