A firm has after-tax cash flow from operations equal to $100,000. Oper
A firm has after-tax cash flow from operations equal to $100,000. Operating working capital
increased by $20,000, and the firm purchased $30,000 of fixed assets. The firm’s free cash flow was
A) $90,000. B) $110,000. C) $50,000. D) $150,000.
ANSWER
C
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