Question: Presented below is the 2 0 1 9 income statement for Billie s Baubles. The tax rate was 3 5 % in 2 0 1

Presented below is the 2019 income statement for Billies Baubles. The tax rate was 35% in 2019.
Assume that the change in capital expenditures for 2019 was $30 and the change in net working capital was $25.
What was Billies Baubles' Free Cash Flow (FCF) for 2019?
$31.05
$61.95
$87.95
$92.50

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