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5 The following table shows an abbreviated income statement and balance sheet for Quick Burger Corporation for 2022. In 2022 Quick Burger had capital expenditures
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The following table shows an abbreviated income statement and balance sheet for Quick Burger Corporation for 2022. In 2022 Quick Burger had capital expenditures of $3,063. a. Calculate Quick Burger's free cash flow in 2022. Note: Enter your answer in millions. b. If Guick Buraer was financed entirelv bv eouitv. how much more tax would the comoanv have paid? (Assume a tax rate of 21% ) In 2022 Quick Burger had capital expenditures of $3,063. a. Calculate Quick Burger's free cash flow in 2022 . Note: Enter your answer in millions. b. If Quick Burget was financed entirely by equity, how much more tax would the company have paid? (Assume a tax rate of 21% ) Note: Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places. c. What would the company's free cash flow have been if it was all-equity financed? Note: Do not round intermediate calculations. Enter your answer in millions rounded to the nearest whole number Step by Step Solution
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