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You have been given the following Income statement elements for Sammie's Socks Inc. for 2014. Income Statement 2014 Sales 523 Cost of Sales 147 Selling General and Administrative Costs 90 Depreciation 69 You also know that Capex for 2014 is 64 and Net Working Capital will increase by 31 in 2014. If the tax rate is 28%, what is the Free Cash Flow for Sammie's Socks for 2014? (please round to the nearest dollar and please do not include commas in your answer.)

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Financial Management, Finance

Category:- Financial Management
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