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Anthonyling Anthonyling
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8 months ago
Assume the following information from the financial statements of ReStateM Company:

Net income $12,000
Depreciation expense$2,000
Salaries expense$5,000
Decrease in net working capital$9,000
Capital expenditures$2,000

The free cash flow for ReStateM is

▸ $3,000.

▸ $5,000.

▸ $14,000.

▸ $12,000.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
Author:
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Marth6377Marth6377
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8 months ago
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Anthonyling Author
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8 months ago
Brilliant ツ
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Just got PERFECT on my quiz
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this is exactly what I needed
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