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Amalgamated Widgets Inc. has $300 million in sales. The firm wants to improve its accounts receivable turnover ratio from 4.0 to 5.0. If the

 

Amalgamated Widgets Inc. has $300 million in sales. The firm wants to improve its accounts receivable turnover ratio from 4.0 to 5.0. If the new turnover ratio is reached, what will be the change in free cash flow to the firm (FCFF)? Round your answer to the nearest million dollars (no decimals).

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