8. You have forecast pro forma earnings of $2,800,000. This includes the effect of $500,000 in depreciation.
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8. You have forecast pro forma earnings of $2,800,000. This includes the effect of $500,000 in depreciation. You also forecast a decrease in working capital of $410,000 that year. What is your forecast of free cash flows for that year?
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781292018409
3rd Global Edition
Authors: Berk, Peter DeMarzo, Jarrad Harford
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