Question: Suppose that Simco's cash flow from operations from a project in 2019 is $ 52,000 . If the project increased net working capital by and

Suppose that Simco's cash flow from operations from a project in 2019 is $ 52,000 . If the project increased net working capital by and fixed assets by $ 200,000 during the year . What is Simco's free cash flow for 2019 ? Assume Simco's tax rate is \$70,000 35\%
Suppose that Simco's cash flow from operations from a project in 2019

Question 21 1 pts Suppose that Simco's cash flow from operations from a project in 2019 is $52,000. If the project increased net working capital by $70,000 and fixed assets by $200,000 during the year. What is Simco's free cash flow for 2019? Assume Simco's tax rate is 35%. 0-$68,000 -$228,000 0-$148,000 0-$218.000 $132.000 + Previous o - 6 e 9

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!