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Calculate free cash flow for Panama Red Inc. for Year 1. (Assume that depreciation is tax deductible.) Panama Red Tobacco Inc. Selected Financial Information ($000's)

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Calculate free cash flow for Panama Red Inc. for Year 1. (Assume that depreciation is tax deductible.) Panama Red Tobacco Inc. Selected Financial Information ($000's) Year 0 Year 1 EBITDA 6,296 Depreciation 1,112 Tax Rate, T 32% Current Assets 5,853 6,413 Current Liabilities 4,998 6,052 CAPEX 1,626

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