Use the table for the question(s)below.
-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. What is the firm's free cash flow for that year?
A)$6.5 million
B)$11.1 million
C)$8.1 million
D)$2.4 million

Question

Use the table for the question(s)below. 
-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. What is the firm's free cash flow for that year?
A)$6.5 million 
B)$11.1 million 
C)$8.1 million 
D)$2.4 million

Quizplus · Accepted Answer

The Answer of Use the table for the question(s)below. 
-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. What is the firm's free cash flow for that year?
A)$6.5 million 
B)$11.1 million 
C)$8.1 million 
D)$2.4 million

Use the Table for the Question(s)below