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29. (4 Points) Calculate Apple's FCFF, given the following information from its financial statements in 2018 (S in thousands). Net Income S59,531,000 Depreciation S10,903,000 Interest

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29. (4 Points) Calculate Apple's FCFF, given the following information from its financial statements in 2018 (S in thousands). Net Income S59,531,000 Depreciation S10,903,000 Interest expense S3,240,000 Tax rate Capital expenditure $13,313,000 Change in NWC $4,828,000 30%

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