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Bartling Energy Systems Recently Reported $9, 250 of Sales, $5

question 41

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Bartling Energy Systems recently reported $9, 250 of sales, $5, 750 of operating costs other than depreciation, and $700 of depreciation.The company had no amortization charges, it had $3, 200 of outstanding bonds that carry a 5% interest rate, and its federal-plus-state income tax rate was 35%.In order to sustain its operations and thus generate sales and cash flows in the future, the firm was required to make $1, 250 of capital expenditures on new fixed assets and to invest $300 in net operating working capital.By how much did the firm's net income exceed its free cash flow?


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Mental Disorder

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Diagnosed

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Cultural Background

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