单选题

A firm reported the following financial statement items:

  €millions
Net income  2,100
Non-cash charges 400
Interest expense  300
Capital expenditures 210
Working capital expenditures 0
Net borrowing 1,600
ax rate 40%

The free cash flow to the firm (FCFF) is closest to:

【正确答案】 C
【答案解析】

FCFF = NI + NCC + lnt(1 - t)- FClnv-WClnv