During the coming year, Gold & Gold wants to increase its free cash flow by $180 million, which should result in a higher stock price. The CFO has made these projections for the upcoming year: What increase in net working capital (in millions of dollars) would enable the firm to meet its target increase in FCF?

Question

During the coming year, Gold & Gold wants to increase its free cash flow by $180 million, which should result in a higher stock price. The CFO has made these projections for the upcoming year: What increase in net working capital (in millions of dollars) would enable the firm to meet its target increase in FCF?
During the coming year, Gold & Gold wants to increase its free cash flow by $180 million, which should result in a higher stock price. The CFO has made these projections for the upcoming year: What increase in net working capital (in millions of dollars) would enable the firm to meet its target increase in FCF? A) $72 B) $90 C) $108 D) $130 E) $156

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The Answer of During the coming year, Gold & Gold wants to increase its free cash flow by $180 million, which should result in a higher stock price. The CFO has made these projections for the upcoming year: What increase in net working capital (in millions of dollars) would enable the firm to meet its target increase in FCF?

During the Coming Year, Gold & Gold Wants to Increase