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XYZ Inc. has the following info from the previous year:

Net income = $4,000
NOPAT = $5,000
Total assets = $20,000
Total operating capital = $17,000

The information for the current year is:
Net income = $8,000
NOPAT = $7,000
Total assets = $23,000
Total operating capital = $21,000

What is free cash flow for the current year?

Accounting Basics, Accounting

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  • Reference No.:- M941454

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