Question
You are given the following data for XYZ company: Change in fixed Assets 250,000, Depreciation 10,000, EBIT 400,000, Change in Net working capital 50,000, Tax
You are given the following data for XYZ company: Change in fixed Assets 250,000, Depreciation 10,000, EBIT 400,000, Change in Net working capital 50,000, Tax rate 40%.What is the company free cash flow (FCF)? O a. -550,000 O b. -$10,000 O c. $54,000 O d. -$70,000
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Financial Management In The Public Sector Tools Applications And Cases
Authors: Xiaohu Wang
3rd Edition
0765636891, 9780765636898
