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You are considering an investment in the FIN340 Company and want to evaluate the firm's free cash flow; From the income statement, you see that
"You are considering an investment in the FIN340 Company and want to evaluate the firm's free cash flow; From the income statement, you see that FIN340 Company earned an EBIT of $3,375,000, paid taxes of $637,875, and its depreciation expense was $168,750; FIN340 Company's gross fixed assets increased by $1,050,000 from 2017 to 2018. The firm's current assets increased by $1,205,000 and spontaneous current liabilities increased by $207,000 - What is FIN340 Company's free cash flow in 2018?" O "$2,737,125" "$2,905,875" "$520,375" O "$857,875" "$106,375" "$689,125
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