Question: Given the following data for a given period, compute the free cash flow to the firm: Net Income = $5,000 After - tax Interest Expense
Given the following data for a given period, compute the free cash flow to the firm: Net Income = $5,000 After - tax Interest Expense = $500 Depreciation = $500 Increase in NWC = $1,000 Capital Expenditures = $2,000 A. $3,000 B. $3, 700 C. $3, 900 D. $3, 500
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