Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. this year, fcf inc. has earnings before interest a

This year, FCF Inc. has earnings before interest and taxes of $9,110,000, depreciation expenses of...

70.2K

Verified Solution

Question

Finance

This year, FCF Inc. has earnings before interest and taxes of

$9,110,000,

depreciation expenses of

$1,300,000,

capital expenditures of

$1,200,000,

and has increased its net working capital by

$525,000.

If its tax rate is

35%,

what is its free cash flow?

The company's free cash flow is

$

(Round to two decimal places.)

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!
Become a Member

Other questions asked by students

Q

1. In 2018, ABC Corporation purchased a new photocopier (asset class 8) with a CCA rate...

Accounting
Q

Describe how cardiogenic shock would impact cardiac output and mean arterial pressure, then describe how the autonomic...

Medical Sciences
Q

Question from Dancing with Skeletons: Does the author suggest that difficult or tragic experiences can have any...

Psychology
Q

200 WORDS REQUIREMENT!!! What type of organization would benefit the most from market pricing? from team-based pay?

General Management
Q

How is Coke Cola Doing Compared to Pepsi and Dr. pepper?

General Management
Q

Light from a point source in air falls on a convex spherical glass surface n...

Physics
Q

The linear density of a vibrating string is 1 5x10 kg m The equation of...

Physics
Q

Graph the inequality and give interval notation for the solution Use two o s as...

Basic Math
Q

K Use the quadratic formula to x 6x 7 0

Calculus
Q

Cybertext accounting 1 excel workbook. (if possible, show the excel formulas for the answers). ...

Accounting
Q

The fross company is looking to invest in two projects, the following is the information:...

Accounting
Q

Use the file to answer the questions below Show transcribed...

Accounting