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A firm with $3.5 million EBIT, $0.9 depreciation, a tax rate of .4, a capital expenditure of $1.1, and an increase in NOWC of $0.6
A firm with $3.5 million EBIT, $0.9 depreciation, a tax rate of .4, a capital expenditure of $1.1, and an increase in NOWC of $0.6 will have a free cash flow of what amount for the year? Please answer in units of million dollars to the closest tenth of a million as in $x.x million without entering the dollar sign or the million word
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