TSW IncHad the Following Data for Last Year: Net Income =

question 12

Multiple Choice

TSW Inc.had the following data for last year: Net income = $800; Net operating profit after taxes (NOPAT) = $700; Total assets = $3,000; and Total operating capital = $2,000.Information for the just-completed year is as follows: Net income = $1,000; Net operating profit after taxes (NOPAT) = $925; Total assets = $2,600; and Total operating capital = $2,500.How much free cash flow did the firm generate during the just-completed year?

• A) $383
• B) $425
• C) $468
• D) $514
• E) $566

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Definitions:

Doctrine

A belief or set of beliefs held and taught by a church, political party, or other group.

Specific Nerve Energies

The theory that different sensory nerves convey specific types of sensory information to the brain.

Sensory Neuron

A type of neuron that transmits signals from sensory receptors towards the central nervous system, allowing perception of sensory stimuli.

Sensation

The detection, by sense organs, of physical energy emitted or reflected by physical objects.