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Atlantic Telecom reported net income of $249.3 million for the most recent fiscal year. The firm had CCA deductions of $91.5 million (assume reported depreciation
Atlantic Telecom reported net income of $249.3 million for the most recent fiscal year. The firm had CCA deductions of $91.5 million (assume reported depreciation was equal to this CCA), capital expenditures of $209.4 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. The free cash flow is $ million. (Round to one decimal place.)
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