Exhibit 19-6
USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S)

question 18

Multiple Choice

Exhibit 19-6
USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S)
You are provided with the following information for the Klandy Corporation. $\begin{array}{lcc} & 2008 & 2009 \\\hline \text { Net Income } & \$ 1200 & \$ 1500 \\\text { Depreciation } & \$ 200 & \$ 300 \\\text { Total Current Assets } & \$ 700 & \$ 900 \\\text { Total Current Liabilities } & \$ 500 & \$ 800\end{array}$
During 2009 Klandy Corp. made capital expenditures totaling $500 and disposed property worth $400.
-Refer to Exhibit 19-6. What is the firm's free cash flow?

• A) $2100
• B) $1900
• C) $1800
• D) $1700
• E) $1600

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Definitions:

Syntax

The set of rules, principles, and processes that govern the structure of sentences in a given language, specifically the arrangement of words and phrases.

Symbolic Form

Expressions or objects that carry specific meanings within a culture or context, representing ideas or concepts beyond their literal sense.

One-Way Communication

One-Way Communication is the transmission of information from the sender to the receiver without expecting or getting any response or feedback.

Mitigating Circumstances

Circumstances that decrease the severity of a situation or a fault, often considered in legal and disciplinary contexts to reduce penalties.