Given the Following Data for a Given Period, Compute the Free

question 29

Multiple Choice

Given the following data for a given period, compute the free cash flow to the firm: Net Income = $12,000
After-tax Interest Expense = $2,000
Depreciation = $1,000
Increase in NWC = $2,000
Capital Expenditures = $1,000

• A) $10,000
• B) $11,000
• C) $12,000
• D) $13,000