Exam (elaborations)
C214 Financial Management Practice Test
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1. A firm reported the following: Net Income 100,000 Depreciation 25,000 Change in NWC 15,000 What is the CFO (cash flow from operations)? a. 100,000 b. 110,000 c. 120,000 d. (130,000) CFO = Net Income + Depreciation - Increase NWC =100,000 + 25,000 - 15,000 2. What is the Cash Flow f...
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