Calculate cash flow from assets given the following information: EBIT = $1,000; depreciation = $100; taxes = $240; beginning fixed assets = $30,000; ending fixed assets = $40,000; beginning net
Working capital = $10,000; ending net working capital = $8,000.
A) ─$6,350
B) ─$7,240
C) ─$8,130
D) ─$9,020
E) ─$10,900
Correct Answer:
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