Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2013-2018
Pro Forma Assets & Liabilities for Ideko, 2013-2018
-Given the following data for a given period, compute the free cash flow to the firm. Net Income = $5 000
After-tax Interest Expense = $500
Depreciation = $500
Increase in NWC = $1 000
Capital Expenditures = $2 000
A) $3 500
B) $3 900
C) $3 700
D) $3 000
Correct Answer:
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