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Based on the following data, what is the free cash flow for year 1? Year 1 Revenue 665.00 Fixed costs 80.00 Variable costs 250.00 Additional
Based on the following data, what is the free cash flow for year 1?
Year
1
Revenue
665.00
Fixed costs
80.00
Variable costs
250.00
Additional investment in NWC
15.00
Additional investment in operating long-term assets
90.00
Depreciation
75.00
Tax rate
0.40
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