QUESTION 3 Income Statement Sales $250,000 Costs $120,000 Other $20,000 Expenses Depreciation $15,000 EBIT $95,000...
90.2K
Verified Solution
Link Copied!
Question
Finance
QUESTION 3 Income Statement Sales $250,000 Costs $120,000 Other $20,000 Expenses Depreciation $15,000 EBIT $95,000 Interest $29,000 Taxable Income $66.000 Taxes $23.100 Net Income $42.900 Dividends $12,870 Retained $30,030 Earnings XYZ's most recent year-end income statement is reported above. Given that XYZ issued $2,900 in new equity during the year and $4.000 in corporate bonds. What is the free cash flow (cash flow fro assets) for the year? O a. $50,970 O b. $45,970 O c. $39,970 O d. $30,000 O e. $34,970
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
