A company, Seaside Technologies, reported a net income of $420 million for the most recent fiscal year. The firm had depreciation expenses of $130 million and capital expenditures of $165 million. Although it had no interest expense, the firm had an increase in net working capital of $40 million. What is the company's free cash flow (FCF)? A. $700 million B. $420 million C. $345 million D. $80 million

A company, Seaside Technologies, reported a net income of $420 million for the most recent fiscal year. The firm had depreciation expenses of $130 million and capital expenditures of $165 million. Although it had no interest expense, the firm had an increase in net working capital of $40 million. What is the company's free cash flow (FCF)? A. $700 million B. $420 million C. $345 million D. $80 million

Financial Management: Theory & Practice

16th Edition

ISBN:9781337909730

Author:Brigham

Publisher:Brigham

Chapter2: Financial Statements, Cash Flow,and Taxes

Section: Chapter Questions

Problem 9P: Carter Swimming Pools has $16 million in net operating profit after taxes (NOPAT) in the current...

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