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karamvir19 karamvir19
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A month ago
Assume the following information from the financial statements of ReStateM Company:

Net income $10,000
Depreciation expense$3,000
Salaries expense$5,000
Increase in net working capital$9,000
Capital expenditures$2,000

The free cash flow for ReStateM is

▸ $2,000.

▸ $20,000.

▸ $24,000.

▸ $6,000.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
Author:
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flash33101flash33101
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A month ago
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karamvir19 Author
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A month ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Just got PERFECT on my quiz
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Brilliant
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