Question: Suppose that Simcos cash flow from operations from a project in 2020 is $80,000. If the project increased net working capital by $70,000 and fixed

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%.

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