Create an Account

Already have account?

Forgot Your Password ?

Home / Questions / Houseton pumps recently reported $ 232 500 of sales $140 500 of operating costs other than...

Houseton pumps recently reported $ 232 500 of sales $140 500 of operating costs other than depreciation and $9 250 of depreciation The company had $35 250 of outstanding bonds that carry

Houseton pumps recently reported $ 232, 500 of sales, $140, 500 of operating costs other than depreciation, and $9, 250 of depreciation. The company had $35, 250 of outstanding bonds that carry a 6.75% interest rate, and its federal -plus-state income tax rate was 35%, In order to sustain its operations and thus generate future sales and cash flows, the firm was required to spend $15, 250 to buy new fixed assets and to invest $6, 850 in net operating working capital. What was the firm's free cash flow? 40, 938 47, 488 45, 031 47, 897 44, 622
 

Apr 03 2020 View more View Less

Answer (Solved)

question Subscribe To Get Solution

Related Questions