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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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