Rome Corporation Is Expected Have EBIT of $2

question 59

Multiple Choice

Rome Corporation is expected have EBIT of $2.3M this year.Rome Corporation is in the 30% tax bracket, will report $175,000 in depreciation, will make $175,000 in capital expenditures, and will have no change in net working capital this year.What is Rome's FCFF?

• A)2,300,000
• B)1,785,000
• C)1,960,000
• D)1,610,000