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Author Question: Bartling Energy Systems recently reported $12,650 of sales, $7,250 of operating costs other than ... (Read 40 times)

unreallynx

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Bartling Energy Systems recently reported $12,650 of sales, $7,250 of operating costs other than depreciation, and $900 of depreciation. The company had no amortization charges, it had $4,500 of outstanding bonds that carry a 6% interest rate, and its combined federal and provincial income tax rate was 33%. In order to sustain its operations and thus generate sales and cash flows in the future, the firm was required to make $1,850 of capital expenditures on new fixed assets and to invest $500 in net operating working capital. By how much did the firm’s net income exceed its free cash flow?

$998.05


$1,045.23


$1,176.40


$1,269.10



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Marked as best answer by unreallynx on Aug 7, 2023

ladan86

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unreallynx

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Reply 2 on: Aug 7, 2023
YES! Correct, THANKS for helping me on my review


bbburns21

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Reply 3 on: Yesterday
:D TYSM

 

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