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QUESTION
Peter's factory has sales of $730,000 and a profit margin of 5%. The annual depreciation expense is $70,000. What is the amount of the free cash flow...
Peter's factory has sales of $730,000 and a profit margin of 5%. The annual depreciation expense is $70,000. What is the amount of the free cash flow if the company has no long-term debt?
$34,000
$86,400
$106,500
$120,400
