Question: 1 2 ) You are computing the free cash flows for Kroger. Last year, one of Kroger s current liabilities was $ 1 0 0

12) You are computing the free cash flows for Kroger. Last year, one of Krogers current liabilities was $100 in revolving credit with a bankthat is, they had a short-term loan of $100. This year, you notice that Kroger paid off the loan and brought its revolving credit account to $0. How much did Krogers free cash flows increase due to this action? Assume a tax rate of 30%
(a)-100
(b)0
(c)100
(d)-$70

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