FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Calculate a firm's free cash flow if it has net operating profit after taxes of P60,000,
depreciation expense of P7,000, an interest expense of P1,000, a net fixed asset investment of
P30,000, a net current asset requirement of P15,000 and a tax rate of 30%. * O
Sample format: 11,111
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Transcribed Image Text:Calculate a firm's free cash flow if it has net operating profit after taxes of P60,000, depreciation expense of P7,000, an interest expense of P1,000, a net fixed asset investment of P30,000, a net current asset requirement of P15,000 and a tax rate of 30%. * O Sample format: 11,111
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