Question
XYZ Ltd. has the following data in 2017 statements: Net operating income 7,000 tax 15% Net PPE (2018) 15,000 NOWC (2018) 20,000 Dep 2019 1,200
XYZ Ltd. has the following data in 2017 statements:
| Net operating income | 7,000 |
| tax | 15% |
| Net PPE (2018) | 15,000 |
| NOWC (2018) | 20,000 |
| Dep 2019 | 1,200 |
| Net PPE (2019) | 18,000 |
| NOWC (2019) | 22,000 |
What is the free cash flow for 2017?
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
7th Edition
0357442040, 978-0357442043
