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Stingy Corporation Is Expected Have EBIT of $1

Question 123

Multiple Choice

Stingy Corporation is expected have EBIT of $1.2M this year.Stingy Corporation is in the 30% tax bracket,will report $133,000 in depreciation,will make $76,000 in capital expenditures,and have a $24,000 increase in net working capital this year.What is Stingy's FCFF?


A) 1,139,000
B) 1,200,000
C) 1,025,000
D) 921,000
E) 873,000

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