TSW Inc.had the following data for last year: Net income = $800; Net operating profit after taxes (NOPAT) = $700; Total assets = $3, 000; and Total operating capital = $2, 000.Information for the just-completed year is as follows: Net income = $1, 000; Net operating profit after taxes (NOPAT) = $925; Total assets = $2, 600; and Total operating capital = $2, 500.How much free cash flow did the firm generate during the just-completed year?
A) $383
B) $425
C) $468
D) $514
E) $566
Correct Answer:
Verified
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