Computing free cash flow, During 2006, NICO Corporation had

Computing free cash flow

Reference no: EM13124586

During 2006, NICO Corporation had EBIT of $100,000, a change in net fixed assets of $400,000, an increase in net current assets of $100,000, an increase in spontaneous current liabilities of $400,000, a depreciation expense of $50,000, and a tax rate of 30%. Based on this information, compute NICO's free cash flow?

Reference no: EM13124586

Questions Cloud

What was the final temperature : A 4.10 g nugget of pure gold absorbed 287 J of heat. The initial temperature was 24.0°C. What was the final temperature?

Illustrate what should campbell record enacted tax rates : Illustrate what should Campbell record as a net deferred tax asset or liability for the year ended Dec 31 2011 assuming that the enacted tax rates in effect are 40% in 2011 and 35% in 2012?

What is the value of kc : Carbon monoxide gas reacts with hydrogen gas at elevated temperatures to form methanol according to this equation. CO(g) + 2 H2(g) CH3OH (g)

Find the mean and variance for the random variable : For a candidate who guesses at all answers, find the mean and variance for the random variable X, the number of correct answers.

Computing free cash flow : During 2006, NICO Corporation had EBIT of $100,000, a change in net fixed assets of $400,000, an increase in net current assets of $100,000, an increase in spontaneous current liabilities of $400,000, a depreciation expense of $50,000, and a tax r..

Information about diophantine equation : Let R be a PID. Consider the Diophantine equation ax+by=N where a,b and N are integers and a,b are nonzero. Suppose x_0, y_0 is a solution: ax_0+by_0=N.

Is the related lease finance or operating lease : If he sells the pubs abd then leases them back would you expect Lion Nathan to change how it accounts for the depreciation of he building?

Compute the break-even point : In August, Gold Company sold 770 units of their only product. For the month, fixed costs were $10,400, variable costs were 57% of sales, and the average sales price was $62.

Explain which variables are significant : Using what you know about t-scores, identify which of the variables have a significant influence on the LISTPRICE. At a level of 1% which variables are significant?

User Account

All Pages