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

question 18

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Exhibit 19-6
USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S)
You are provided with the following information for the Klandy Corporation. 20082009 Net Income $1200$1500 Depreciation $200$300 Total Current Assets $700$900 Total Current Liabilities $500$800\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?


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