How much was its free cash flow in millions

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Reference no: EM131813088

1. Vasudevan Inc. recently reported operating income of $5.35 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. $4.57

b. $3.81

c. $3.05

d. $3.54

e. $3.39

2. Brown Fashions Inc.'s December 31, 2014 balance sheet showed total common equity of $4,050,000 and 290,000 shares of stock outstanding. During 2015, the firm had $450,000 of net income, and it paid out $100,000 as dividends. What was the book value per share at 12/31/15, assuming no common stock was either issued or retired during 2015? (Round your final answer to two decimal places.)

a. $18.51

b. $13.96

c. $15.17

d. $14.11

e. $11.53

Reference no: EM131813088

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