A Firm Reports That in a Certain Year It Had

question 74

Multiple Choice

A firm reports that in a certain year it had a net income of $4.5 million, depreciation expenses of $2.8 million, capital expenditures of $2.3 million, and Net Working Capital decreased by $1.5 million. What is the firm's free cash flow for that year?

• A) $2.4 million
• B) $6.5 million
• C) $11.1 million
• D) $8.1 million

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