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Atlantic Telecom reported net income of $240.3 million for the most recent fiscal year. The firm had CCA deductions of $92.7 million (assume reported depreciation
Atlantic Telecom reported net income of $240.3 million for the most recent fiscal year. The firm had CCA deductions of $92.7 million (assume reported depreciation was equal to this CCA), capital expenditures of $195.6 million, and no interest expenses. NWC increased by $10.2 million. Calculate the free cash flow for Atlantic Telecom for the most recent fiscal year. Question content area bottom Part 1 The free cash flow is $enter your response here million.(Round to one decimal place.)
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