Business financ Multiple-choice

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QUESTION 3 3.3 points Save Answer reported operating income of S4 80 million, depreciation of S120 million and had a tax rate of 40%. The firm's expenditures on fixed assets and net operating working capital totaled $0.6 million. How much was its free cash flow, in millions? O a $2.68 6BA8 c. S338 QUESTION 33 paints Save Answer Emery Mining Inc. recently reported $130,000 of sales, $75,500 of operating costs other than depreciation, and $10,200 of depreciation. The company had S 16,500 of outstanding bonds that carry a 7.25% interest rate, and its federal-plus state income tax rate was 3S% How much was the firm's net income? The firm uses the same depreciation expense for tax and stockholder reporting purposes. (Round your intermediate and final answers to two decimal places) Oa 522,413.95 b. $29,138.14 . s2493552 d. S28,0 17.44