I'm struggling to work out how the model answer has got the free cash flow for 2010 as $141840.
Can you explain the calculation?
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June 2012 Metis - Free Cash Flows
9y ago#131200 - 9360 + 120000 = 140840. Depreciation is not a cash flow.
Thank you, I got there in the end, I realised I had added tax instead of deducting it.
9y ago#3No problems.
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