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A financial analyst for Vang Industries is in the process of calculating the firm's free cash flow. She has collected the following data for the

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A financial analyst for Vang Industries is in the process of calculating the firm's free cash flow. She has collected the following data for the past year: . . . The company's EBIT was $772 million. The company had a fixed 25% tax rate. The company's inventory increased by $185 million. The company's accounts payable increased by $75 million. There was no change in the company's cash, accounts receivable, and accruals. The company's gross capital expenditures totaled $360 million. The company's depreciation expense was $125 million, so its net capital expenditures totaled $235 million . . What was the company's free cash flow (in millions of dollars) for the current year? $109 $151 O $200 $234 $359

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