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An analyst has forecasted the following figures for Raedebe Technology: Sales EBITDA Depreciation Amortization $80 million $33 million. $7 million $0 The company's tax rate
An analyst has forecasted the following figures for Raedebe Technology: Sales EBITDA Depreciation Amortization $80 million $33 million. $7 million $0 The company's tax rate is 40%. The company does not expect any changes in its net operating working capital. This year the company's planned gross capital expenditures will total $8 million. What is the company's forecasted free cash flow for the year?
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