During 2019, Xeron 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, NICO's free cash flow is . A. - $630,000 B. - $50,000 C. $650,000 D. - $30,000
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During 2019, Xeron Corporation had EBIT of $100,000, a change in net fixed assets of $400,000, an in...
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