You have forecast pro forma earnings of $2,800,000. This includes the effect of $500,000 in depreciation. You

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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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Corporate Finance

ISBN: 9780273792024

3rd Global Edition

Authors: Peter Demarzo, Jonathan Berk

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