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During the year, the XYZ Company paid $350,000 in interest. The company is in the 30% tax
bracket. It paid off $150,000 in notes payable and issued an additional $350,000 in long-term debt.
The firm paid $75,000 in dividends and bought back $110,000 in common stock. It also increased
its short-term investments by $70,000. Based on the information above, calculate the FCF for XYZ
Company.
1,105,000
$300,000
$850,000
$405,000

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During the year the XYZ Company paid 350000 in interest .pdf

  • 1. During the year, the XYZ Company paid $350,000 in interest. The company is in the 30% tax bracket. It paid off $150,000 in notes payable and issued an additional $350,000 in long-term debt. The firm paid $75,000 in dividends and bought back $110,000 in common stock. It also increased its short-term investments by $70,000. Based on the information above, calculate the FCF for XYZ Company. 1,105,000 $300,000 $850,000 $405,000