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Use the Table for the Question(s)below

Question 56

Multiple Choice

Use the table for the question(s) below. Use the table for the question(s) below.   -A firm reports that in a certain year it had a net income of $4.5 million, depreciation expenses of $2.8 million, capital expenditures of $2.3 million, and Net Working Capital decreased by $1.5 million. What is the firm's free cash flow for that year? A) $6.5 million B) $11.1 million C) $8.1 million D) $2.4 million
-A firm reports that in a certain year it had a net income of $4.5 million, depreciation expenses of $2.8 million, capital expenditures of $2.3 million, and Net Working Capital decreased by $1.5 million. What is the firm's free cash flow for that year?


A) $6.5 million
B) $11.1 million
C) $8.1 million
D) $2.4 million

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