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24. A firm's total Free Cash Flow for the year equaled $2,400. They reported an EBIT of $5,000, Depreciation Expense of $1,200, and Capital Expenditures

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24. A firm's total Free Cash Flow for the year equaled $2,400. They reported an EBIT of $5,000, Depreciation Expense of $1,200, and Capital Expenditures of $2,500. Their corporate tax rate is 40%. How much was their change in net working capital for the year? O Increase by $700 Decrease by $700 Increase by $3,100 O Decrease by $3,100 None of the above 25. An organization that underwrites and distributes new investment securities and helps businesses obtain financing is an: Commercial Bank Investment Bank Pension Fund O Mutual Fund O None of the above

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