This year, FCF Inc. has earnings before interest and taxes of $10,420,000 depreciation expenses of $1,000,000, capital expenditures of $1,300,000, and has increased its net working capital by $425,000. If its tax rate is 25%, what is its free cash flow? Question content area bottom Part 1 The company's free cash flow is $XXXenter your response here. (Round to two decimal places.)
This year, FCF Inc. has earnings before interest and taxes of $10,420,000 depreciation expenses of $1,000,000, capital expenditures of $1,300,000, and has increased its net working capital by $425,000. If its tax rate is 25%, what is its free cash flow? Question content area bottom Part 1 The company's free cash flow is $XXXenter your response here. (Round to two decimal places.)
Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter2: Financial Statements, Cash Flow,and Taxes
Section: Chapter Questions
Problem 9P:
Carter Swimming Pools has $16 million in net operating profit after taxes (NOPAT) in the current...
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This year, FCF Inc. has earnings before interest and taxes of $10,420,000 depreciation expenses of
$1,000,000, capital expenditures of $1,300,000, and has increased its net working capital by $425,000.
If its tax rate is 25%, what is its free cash flow?
Question content area bottom
Part 1
The company's free cash flow is $XXXenter your response here.
(Round to two decimal places.)
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