Question 9 10 points Saved ABC company issued $10 mil. in net new equity and...
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Question 9 10 points Saved ABC company issued $10 mil. in net new equity and $30 mil. new long-term debt last year. During the same year, the company purchased $50 mil in net new fixed assets and incurred $20 mil depreciation expense. The company also paid $30 mil in dividends and $15 mil in interest over the past year while net working capital increased to $12.5 mil. to $15.5 mil. What is the amount of Free Cash Flows? A. $5 mil. B. $3 mil. C. $20 mil. D. $30 mil
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