You have gathered this information on a firm: $500,000 sales, $10,000 cash dividends, $300,000 cost of...
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You have gathered this information on a firm: $500,000 sales, $10,000 cash dividends, $300,000 cost of good $20,000 administrative expense, $20,000 depreciation expense, $40,000 interest expense, $10,000 purchase equipment, no changes in working capital, and a tax rate of 35%. What is the free cash flow? A) $142,000 B $141,000 C) $78,000 D) $168,000 You have gathered this information on a firm: $500,000 sales, $10,000 cash dividends, $300,000 cost of good $20,000 administrative expense, $20,000 depreciation expense, $40,000 interest expense, $10,000 purchase equipment, no changes in working capital, and a tax rate of 35%. What is the free cash flow? A) $142,000 B $141,000 C) $78,000 D) $168,000
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