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AAA reports that in a certain year it had EBIT (earnings before interest and tax) is $6.25 million and tax rate is 20%, depreciation expenses
AAA reports that in a certain year it had EBIT (earnings before interest and tax) is $6.25 million and tax rate is 20%, depreciation expenses of $3.0 million, capital expenditures of $2.0 million, and Net Working Capital decreased by $1.1 million. What is the firm's free cash flow for that year? OA. $7.1 million OB. $13.45 million OC. $8.35 million OD. $11.1 million
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