Question: Cole's Coffeehouse recently reported $ 2 0 , 0 0 0 of sales, $ 5 , 5 0 0 of operating costs, and $ 1

Cole's Coffeehouse recently reported $20,000 of sales, $5,500 of operating costs, and $1,500 of depreciation. The Coffeehouse had
$6,000 of bonds that carry a 7% interest rate, and a tax rate was 25%. During the year, the firm had expenditures on fixed assets and
net operating working capital that totaled $3,500. These expenditures were necessary for it to sustain operations and generate future
sales and cash flows. Calculate the Coffeehouse's free cash flow for the year and explain what this figure tells us about the Company.
 Cole's Coffeehouse recently reported $20,000 of sales, $5,500 of operating costs,

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