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Academy Sports LLC. projects for the next year $39,091,174 in Operating Income (EBIT), plans to invest $5,710,625 in fixed assets and add $1,425,339 in
Academy Sports LLC. projects for the next year $39,091,174 in Operating Income (EBIT), plans to invest $5,710,625 in fixed assets and add $1,425,339 in NWC. The firm just reported $1,548,735 in Depreciation expense, and has a corporate tax rate of 23%. What is the expected FCF next year? Enter your answer in Millions, with three decimals. For example, $15,894,330 must be entered as 15.894.
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
5th edition
9780133851281, 013385129x, 9780134077321, 133866297, 133851281, 9780133851298, 134077326, 978-0133866292
