单选题
The following selected data are available for a firm:
| $ millions | |
| Net income | 90.0 |
| Non-cash charges | 15.2 |
| Interest expense | 28.0 |
| Capital expenditures | 34.2 |
| Working capital expenditures | 13.0 |
If the firm’s tax rate is 40%, the free cash flow to the firm (FCFF) is closest to:
【正确答案】
B
【答案解析】
B is correct.
Calculate FCFF:
