AmarilloInc. recently reported operating income of $2.65 million, depreciation of $1.10 million, and had a tax rate

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AmarilloInc. recently reported operating income of $2.65 million, depreciation of $1.10 million, and had a tax rate of 40%.The firm's expenditures on fixed assets and net working capital totaled $0.5 million.How much was its free cash flow, in millions?

A 2.25

B 2.36

C 2.03

D 1.86

E 2.19

Posted Date: Jun 25, 2024 04:39 PM

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AmarilloInc. recently reported operating income of $2.65 million, depreciation of $1.10 million, and had a tax rate

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