firm has EBIT of $275 million, which is net of $52 million in depreciation. In addition, the

Question:

firm has EBIT of $275 million, which is net of $52 million in depreciation. In addition, the firm had $81 million in capital expenditures and an increase in net working capital of $5 million. The firm’s tax rate is 21 percent. The firm’s FCF is closest (in millions) to:

a. $280

b. $101

c. $231

d. $183.

Fantastic news! We've Found the answer you've been seeking!