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A company reports that its' EBITDA was $7.5 million for a given year. During the year depreciation was $1.5 million, capital expenditures were equal to
A company reports that its' EBITDA was $7.5 million for a given year. During the year depreciation was $1.5 million, capital expenditures were equal to depreciation and Net Working Capital increased by $500,000.
What was the company's Free Cash Flow given that the company has marginal tax rate of 35%?
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