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liljay liljay
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4 years ago
Bubba Ho-Tep Company reported net income of $300 million for the most recent fiscal year.  The firm had depreciation expenses of $125 million and capital expenditures of $150 million.  Although it had no interest expense, the firm did have an increase in net working capital of $20 million.  What is Bubba Ho-Tep's free cash flow?

▸ $150 million

▸ $255 million

▸ $170 million

▸ $5 million
Textbook 
Fundamentals of Corporate Finance

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
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Kailz1218Kailz1218
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4 years ago
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liljay Author
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4 years ago
Thank you
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