Given the following data for a given period,compute the free cash flow to the firm: Net Income = $12,000
After-tax Interest Expense = $2000
Depreciation = $1000
Increase in NWC = $2000
Capital Expenditures = $1000
A) $10,000
B) $11,000
C) $12,000
D) $13,000
E) $14,000
Correct Answer:
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