
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Transcribed Image Text:A firm has after-tax cash flow from operations equal to $100,000. Operating working capital increased by $6,000, and the firm purchased
$4,000 of fixed assets. The firm's ending cash flow was______
Hint: The amount of net working capital increase 6,000 indicates the increase of current asset by the same amount, which is the uses of
cash.
Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.
a
b
с
$50,000
$90,000
$110,000
d $102,000
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