4. The following information is given for PQ Limited: EBITDA 10,000; interest 1,200; depreciation 1,000; change in

Question:

4. The following information is given for PQ Limited: EBITDA *10,000; interest 1,200; depreciation *1,000; change in current assets 2,000; change in current liabilities *3,000; capital expenditure *3,000. Corporate tax rate is 30 per cent. Calculate free cash flows.

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