Houston, Inc -

What Is Houston's Free Cash Flow for a Manufacturer

question 37

Multiple Choice

Houston, Inc.
The following information pertains to Houston, Inc. a manufacturer of belt buckles:
$\begin{array}{c}\begin{array}{l} \text { (dollar aniounts in thousands) }\\ \text { Net Cash Flow from Operations}\\ \text { Interest Expense after tax}\\ \text { Decrease (Increase) in Cash Required for Operations}\\ \text { Net Cash Flow from Investing}\\ \text { Net Cashifrom Debt Financing}\\\\\text { Present Value Factores for 85 \%}\end{array}\begin{array}{l}\underline{2012}\\564 \\122 \\-75 \\-287 \\210\\\\0.922 \end{array}\begin{array}{l}\underline{2013} \\628 \\134 \\-54 \\-300 \\204\\\\0.849 \end{array}\begin{array}{l}\underline{2114}\\854 \\148 \\-48 \\-310 \\140\\\\0.783 \end{array}\begin{array}{l}\underline{2015}\\1059 \\145 \\-32 \\-285 \\85 \\\\0722\end{array}\begin{array}{l}\underline{2016}\\1345 \\155 \\-61 \\-294 \\-40\\\\0.665\end{array}\begin{array}{l}\underline{2017}\\165 \\148 \\-48 \\-277 \\-46\\\\\\ \end{array}\end{array}$
-

What is Houston's free cash flow for all debt and equity holders for year 2012?

• A) $564
• B) $399
• C) $324
• D) $202

---

Definitions:

Prospective Mate

An individual considered by another as a potential partner in a romantic relationship, assessing compatibility for a possible future together.

Good Genes

A hypothesis suggesting that certain traits, which are perceived as attractive, are signals of good health and genetic fitness.

Proximity

The physical or psychological closeness between people, which can influence their likelihood to form relationships or bond.

Attracted

Feeling drawn or having a deep interest or affection towards someone or something.