Suppose that Simco’s cash flow from operations from a project in 2020 is $80,000. If the project increased net working capital by $70,000 and fixed assets by $150,000 during the year. What is Simco’s free cash flow for 2020? Assume Simco's tax rate is 35%.

Answer rating: 100% (QA)

To calculate Simcos free cash flow for 2020 we need to use the formula Free Cash Flow FCF Cash Flow ... View the full answer