Firm free cash flow


Problem:

A firm reports that in a certain year it had a net income of $4.5 million, depreciation expenses of $2.8 million, capital expenditures of $2.3 million, and Net Working Capital decreased by $1.5 million.

Required:

Question: What is the firm's free cash flow for that year?

A) $2.4 million

B) $6.5 million

C) $8.1 million

D) $11.1 million

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Accounting Basics: Firm free cash flow
Reference No:- TGS0891358

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