Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. what is the free cash flow for the following firm:

What is the free cash flow for the following firm: $21.000 sales, $2,000 cost of...

60.1K

Verified Solution

Question

Finance

image
What is the free cash flow for the following firm: $21.000 sales, $2,000 cost of goods sold, $2,000 administrative expenses, $1,000 depreciation expense, $3,000 interest expense, no changes in working capital capital expenditures of 2,000, dividends of $2,000, and a tax rate of 25%? Hint: make sure to calculate net income correctly, eg which items do you need and which don't you need) when calculating net income? Assume that any items (eg non-operating income) that are not mentioned are zero. (answer in dollars, no decimal places needed) Type your answer I Previous Next

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

Chemistry
1.2K views

At a temperature other than 25oC, Cd(OH)2 solubility is 5.5 x 10-4 . Calculate it's Ksp...

Medical Sciences
1.2K views

Choose a therapeutic device and write a report stating the following: 1. Definition 2. Physical principles of operation...

Biology
1.2K views

Which of these is a common use for a graduated cylinder A Making specific precise...

Biology
1.2K views

1 Select the true statement s about O F media select all that apply a...

Basic Math
1.2K views

Robert scored a total of 25.85 points in a game. Of those points, 3.5 were...

Algebra
1.2K views

13 Use a graphing utility to graph the function f x 1 1 2 sin...

Accounting
1.2K views

7,8,9, income statement and balance sheet please and thank you so much including 1,2,3,4,5,6 incase...

Accounting
1.2K views

One of the responsibilities of the board of directors (or the audit committee of the...

Accounting
1.2K views

Ruben Company compr $100,000 en bonos de Evans Company a 100 ms $1,500 en intereses...

Accounting
1.2K views

Explain how research and development activities should be shown in the financial statements and give...

Accounting
1.2K views

Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asia....

Accounting
1.2K views

help please Shaylee Corporation has $2.00 million to invest in...