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Incorporated had $10,700 of sales, $5,500 of operating costs, and $1,300 of depreciation.

Incorporated had $10,700 of sales, $5,500 of operating costs, and $1,300 of depreciation.

Incorporated had $10,700 of sales, $5,500 of operating costs, and $1,300 of depreciation. The company had $3,500 of debt for which it pays 6.25% interest per year. Its total tax rate was 35%. During the same period, the firm spent $1,600 on required fixed assets and additional operating working capital. What was its free cash flow?

$2,130.00

$2,222.50

$2,015.00

$2,235.00

$2,300.00

Question 2

Acme Incorporated had $10,700 of sales, $5,500 of operating costs, and $1,300 of depreciation. The company had $3,500 of debt for which it pays 6.25% interest per year. Its total tax rate was 35%. During the same period, the firm spent $1,600 on required fixed assets and additional operating working capital. What was its free cash flow?

$2,130.00

$2,222.50

$2,015.00

$2,235.00

$2,300.00

 

 

$2,130.00

 

 

$2,222.50

 

 

$2,015.00

 

 

$2,235.00

 

 

$2,300.00

 

Abhinav 04-Dec-2019

Answer (UnSolved)

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