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A company produces a rnage of commercial adhesives. The current year EBIT, EBT and NI were 1,220; 898; 677.6 respectively. The current assets and liabilities
A company produces a rnage of commercial adhesives. The current year EBIT, EBT and NI were 1,220; 898; 677.6 respectively. The current assets and liabilities increase 120 and 160 respectively. The company recognized 310 of depreciation expense. The net PPE for the current year increased from 200 from the previous balance of 2,400 and the accumulated depreciation account at the end of the year prior had a balance of 450. What is the current year Free cash flow? Please show work.
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