Business, 02.08.2019 20:10 Britney8394

Bartling energy systems recently reported $9,250 of sales, $5,750 of operating costs other than depreciation, and $700 of depreciation. the company had no amortization charges, it had $3,200 of outstanding bonds that carry a 5% interest rate, and its federal-plus-state income tax rate was 25%. in order to sustain its operations and thus generate sales and cash flows in the future, the firm was required to make $1,250 of capital expenditures on new fixed assets and to invest $300 in net operating working capital. by how much did the firm's net income exceed its free cash flow?

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Bartling energy systems recently reported $9,250 of sales, $5,750 of operating costs other than depr...

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