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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)

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 8,000
Depreciation 1,413
Tax Rate, T 32%
Current Assets 7,437 8,149
Current Liabilities 6,351 7,690
CAPEX 2,066

$

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