Please explain your answer.

Consider the following data with regards to free cash flow (FCF):

• Revenue = $100,000
• Cash operating expenses = $93,500
• Depreciation expense = $1,000
• Effective tax rate = 25%
• Incremental investment in operating net working capital = $50
• Incremental investment in long-term operating assets = $4,000

If depreciation expense was to decrease by 10% but everything else remains as shown above, how much would free cash flow change? Assume no other factors change.

Enter your answer as a monetary amount rounded to four decimal places, but without the currency symbol. For example, if your answer is $90.1234, enter 90.1234. If your result shows a decrease, enter a negative figure.

2. Consider the following data with regards to free cash flow (FCF):

• Revenue = $100,000
• Cash operating expenses = $93,500
• Depreciation expense = $1,000
• Effective tax rate = 25%
• Incremental investment in operating net working capital = $50
• Incremental investment in long-term operating assets = $4,000

If cash operating expenses were to increase by 10% but everything else remains as shown above, how much would free cash flow change? Assume no other factors change.

Enter your answer as a monetary amount rounded to four decimal places, but without the currency symbol. For example, if your answer is $90.1234, enter 90.1234. If your result shows a decrease, enter a negative figure.

3. Consider the following data with regards to free cash flow (FCF):

• Revenue = $100,000
• Cash operating expenses = $93,500
• Depreciation expense = $1,000
• Effective tax rate = 25%
• Incremental investment in operating net working capital = $50
• Incremental investment in long-term operating assets = $4,000

If revenue were to decrease by 10% but everything else remains as shown above, how much would free cash flow change? Assume no other factors change.

Enter your answer as a monetary amount rounded to four decimal places, but without the currency symbol. For example, if your answer is $90.1234, enter 90.1234. If your result shows a decrease, enter a negative figure.