What is the free cash flow to equity holders for a firm with free cash flow of $9,000, after-tax interest expense of $3,000, and an increase in debt of $1,000?
A) $6,000
B) $7,000
C) $8,000
D) $9,000
Answer: B
You might also like to view...
The allowance for doubtful accounts is an example of what type of an account?
a. contra-equity b. asset c. contra-liability d. contra-asset e. liability
You are at a booth in a restaurant and find some tickets on the seat of the booth. These tickets
are to the opening Olympic ceremonies in Greece but contain no name or other indication as to whose they are. Which of the following could be crucial as to whether you or the restaurant would get the tickets? A) Whether the tickets are lost or mislaid property B) Whether the tickets have already been paid for or not C) Whether they are real or personal property D) Whether they are tangible or intangible property E) Whether the tickets are a treasure trove