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Johnson's Nursery has net income of $42,500, depreciation expense of $2,500, interest expense of $1000, taxes of $1,600, additions to net working capital of $2,600, cash dividends of $4200, and capital expenditures of $11,400. What is the amount of the free cash flow? Multiple Choice $32,000 $27,800 $34,600 $33,600

Johnson's Nursery has net income of $42,500, depreciation expense of $2,500, interest expense of $1000, taxes of $1,600, additions to net working capital of $2,600, cash dividends of $4200, and capital expenditures of $11,400. What is the amount of the free cash flow? Multiple Choice $32,000 $27,800 $34,600 $33,600

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Johnson's Nursery has net income of $42,500, depreciation expense of $2,500, interest expense of $1000, taxes of $1,600, additions to net working capital of $2,600, cash dividends of $4200, and capital expenditures of $11,400. What is the amount of the free cash flow? Multiple Choice $32,000 $27,800 $34,600 $33,600
Transcribed Image Text:Johnson's Nursery has net income of $42,500, depreciation expense of $2,500, interest expense of $1000, taxes of $1,600, additions to net working capital of $2,600, cash dividends of $4200, and capital expenditures of $11,400. What is the amount of the free cash flow? Multiple Choice $32,000 $27,800 $34,600 $33,600
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