Suppose that Simco's cash flow from operations from a project in 2020 is $80,000. If the project increased net working c
Posted: Sun May 08, 2022 10:43 am
Suppose that Simco's cash flow from operations from a project in 2020 is $80,000. If the project increased net working capital by $70,000 and fixed assets by $150,000 during the year. What is Simco's free cash flow for 2020? Assume Simco's tax rate is 35%. O $120.000 O -$228,000 0-$68,000 0-$140,000 O-$218,000