Question: Question 6) The following are some selected items from the 2021 financial statements for A Inc. What is the free cash flow for A Inc

Question 6)

The following are some selected items from the 2021 financial statements for A Inc. What is the free cash flow for A Inc in 2021? Assume that the tax rate is 35%. (Round to the nearest dollar)

Income Statement

2021

Revenue

$3,658

EBIT

1,089

Net Income

647

Cash Flow Statement

2021

Depreciation

$113

Capital Expenditures

145

Balance Sheet

2021

2020

Cash

$626

909

Accounts Receivables

515

374

Inventory

65

41

Accounts Payable

548

423

Current Portion of Debt

156

138

Group of answer choices

a) $648

b) $479

c) None of the other answers is correct.

d) $542

e) $636

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