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Oduvanchick [21]
3 years ago
13

Vasudevan Inc. recently reported operating income of $2.30 million, depreciation of $1.20 million, and had a tax rate of 25%. Th

e firm's expenditures on fixed assets and net operating working capital totaled $0.60 million. How much was its free cash flow, in millions?
Business
1 answer:
Korvikt [17]3 years ago
4 0

Answer:

free cash flow is 2.352 million

Explanation:

Given data:

operating income is $2.30 million

depreciation $1.20

tax rate is 25%

free cash flow is calculated by using below formula

free cash flow = operating  income ( 1- Tax) + depreciation -  fixed working capital

                       = 2.75( 1 - 0.25) + 1.20 - 0.6

                       = 2.352 million

free cash flow is 2.352 million

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Answer:

The contribution margin from each customer of the individual business segment is $24.75

Explanation:

Contribution margin from each customer of the individual business:

Customers = 400

Revenue = $35000

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Total Contribution margin = Revenue – Variable cost

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Contribution margin from each customer of the individual business :-   = Total Contribution margin/customers

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Therefore, The contribution margin from each customer of the individual business segment is $24.75

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