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Calculate FCFE Assume the following data: EBIT in 2 0 2 3 = $ 1 0 0 EBIT in 2 0 2 2 = $

Calculate FCFE
Assume the following data:
EBIT in 2023= $100
EBIT in 2022= $90
Operating assets in 2023= $50
Operating assets in 2022= $40
Operating liabilities in 2023= $38
Operating liabilities in 2022=$30
Net fixed assets in 2023= $100
Net fixed assets in 2022= $90
Interest expense in 2023= $10
Interest expense in 2022= $11
Tax rate in 2023=20%
Tax rate in 2022=15%
Debt in 2023= $90
Debt in 2022= $80
What is free cash flow to equity in 2023?

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