A firm has after-tax cash flow from operations equal to 100,000. ...

[rmenurse]

A firm has after-tax cash flow from operations equal to 100,000. Operating working capital
  increased by 20,000, and the firm purchased 30,000 of fixed assets. The firm's free cash flow was
 
  A) 90,000. B) 110,000. C) 50,000. D) 150,000.

Question 2

A basis point is equal to
 
  A) one-tenth of one percent. B) one-hundredth of one percent.
  C) one percent. D) one-half of one percent.

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Answer to Question 1

C

Answer to Question 2

B