Cellular Access, Inc. is a cellular telephone service provider that reported net income of $251 million for
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Cellular Access, Inc. is a cellular telephone service provider that reported net income of $251 million for the most recent fiscal year. The firm had depreciation expenses of $90 million, capital expenditures of $151 million, and no interest expenses. Working capital increased by $11 million. Calculate the free cash flow for Cellular Access for the most recent fiscal year.
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Related Book For
Corporate Finance The Core
ISBN: 9781292431611
5th Global Edition
Authors: Jonathan Berk, Peter DeMarzo
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