Exhibit 19-7
USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S)

question 22

Multiple Choice

Exhibit 19-7
USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S)
You are provided with the following information for the Nelson Corporation. $\begin{array}{lcc} & 2008 & 2009 \\\hline \text { Net Income } & \$ 1500 & \$ 2000 \\\text { Depreciation } & \$ 200 & \$ 475 \\\text { Total Current Assets } & \$ 700 & \$ 900 \\\text { Total Current Liabilities } & \$ 500 & \$ 800\end{array}$
During 2009 Nelson Corp. made capital expenditures totaling $500 and disposed property worth $800.
-Refer to Exhibit 19-7. What is the firm's free cash flow?

• A) $2200
• B) $1900
• C) $2875
• D) $2325
• E) $2575

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Definitions:

Invisible Support

A form of assistance or support provided to someone that is not directly noticeable or recognized by the recipient.

Social Support

The provision of emotional, informational, or instrumental resources by a network of family, friends, colleagues, and others.

Intangible Help

Support or assistance that does not have a physical presence, often involving emotional or advisory aid.

Cultural Beliefs

The shared beliefs and values held by a group of people that influence behaviors, traditions, and rituals within their community.