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Johnson's Nursery Has Net Income of $42,500,depreciation Expense of $1,800,interest

Question 61

Multiple Choice

Johnson's Nursery has net income of $42,500,depreciation expense of $1,800,interest expense of $900,taxes of $1,600,additions to net working capital of $2,300,and capital expenditures of $11,700.What is the amount of the free cash flow?


A) $30,300
B) $34,400
C) $31,200
D) $28,700

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