Suppose that Simcos cash flow from operations from a project in 2019 is $52,000. If...
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Finance
Suppose that Simcos cash flow from operations from a project in 2019 is $52,000. If the project increased net working capital by $70,000 and fixed assets by $200,000 during the year. What is Simcos free cash flow for 2019? Assume Simco's tax rate is 35%.
Group of answer choices
-$148,000
$132,000
-$218,000
-$228,000
-$68,000
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