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2.1 Teata Inc. is a publicly traded company that reported net income of $99 million in the most recent year, after depreciation of $ 28
2.1 Teata Inc. is a publicly traded company that reported net income of $99 million in the most recent year, after depreciation of $ 28 million. Tax rate is 33%. The firm reported capital expenditures of $80 million and an increase in working capital of $10 million. If total debt increased by $14 million during the course of the year, how much could Teata have afforded to pay out in dividends during the course of the year?
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