Question
A firm has sales of $11,234, EBIT of $4,795, depreciation of $2,576, and fixed assets increased by $2,485. If the firm's tax rate is 30
A firm has sales of $11,234, EBIT of $4,795, depreciation of $2,576, and fixed assets increased by $2,485. If the firm's tax rate is 30 percent and there were no increases in net working capital, what is the firm's free cash flow?
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Accounting Comes Alive The Color Accounting Parable
Authors: Mark Robilliard ,Peter Frampton, Chang Chang, Mark Morrow, John Gorman
1st Edition
1450769608, 978-1450769600
