How much was its free cash flow in millions

Assignment Help Financial Management
Reference no: EM131048517

Burnbraid Co. recently reported operating income of $5.95 million, depreciation of $1.20 million, and had a tax rate of 40%. The firm's expenditures on fixed assets and net operating working capital totaled $0.6 million. How much was its free cash flow, in millions?

a. $4.13

b. $4.38

c. $4.17

d. $3.63

e. $3.59

Reference no: EM131048517

What is the current value of the lease

Your car dealer is willing to lease you a new car for $309 a month for 48 months. Payments are due on the first day of each month starting with the day you sign the lease cont

Retire outstanding bonds in the next planning period

A firm plans to retire outstanding bonds in the next planning period. the statements that will be affected are the: a. pro forma balance sheet and cash budget b.pro forma inco

What is the market price per share of stock

Say you decide to start a firm and you need $500 million of capital to begin. You sell stock for its par value, a total of one million shares (par value is $200 per share), an

Company is considering an investment project

A company is considering an investment project with the following cash flows: Year 0 = -$160,000 (initial costs); Year 1= $50,000; Year 2 =$80,000; and Year 3 = $65,000.The co

Flotation cost as percentage of funds raised

The Collins Co. has just gone public. Under a firm commitment agreement, the company received $33.20 for each of the 4.22 million shares sold. What was the flotation cost as a

What is the amount of the cash flow to creditors

At the beginning of the year, the long-term debt of a firm was $270 and total debt was $360. At the end of the year, long-term debt was $250 and total debt was $370. The inter

What was average real risk-free rate over this time period

You’ve observed the following returns on Doyscher Corporation’s stock over the past five years: –28.5 percent, 16.0 percent, 35.0 percent, 3.5 percent, and 22.5 percent. What

Considering the purchase of an automated molding machine

The management of Erion Corporation is considering the purchase of an automated molding machine that would cost $280,534, would have a useful life of 5 years, and would have n

Reviews

Write a Review

 
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd