Computing firm-s free cash flow for year


Q1) During year, Xero, Inc., experienced increase in net fixed assets of $300,000 and had depreciation of $200,000. It also experienced the increase in current assets of $150,000 and increase in accounts payable of $75,000. If operating cash flow (OCF) for year was $700,000, compute firm's free cash flow (FCF) for year.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Computing firm-s free cash flow for year
Reference No:- TGS020911

Expected delivery within 24 Hours