A firm reports that in a certain year it had a net income of $5.0 million, depreciation expenses of $3.0 million, capital expenditures of $2.0 million, and Net Working Capital decreased by $1.1 million. What is the firm's free cash flow for that year?
A) $11.1 million
B) $7.1 million
C) $5.1 million
D) $4.9 million

Question

Quizplus · Accepted Answer

B) 11ea84dc_f546_06c8_9a63_9762ea408f82_TB1316_00_TB1316_00

A Firm Reports That in a Certain Year It Had