Calculate free cash flow using the information given below.

Calculate free cash flow using the information given below: 183.1 239.8 155.9 173.0 Your answer is correct. To calculate free cash flow, EET must be found and adjusted to NOPAT (net operaung profit after tax). The eflective tax rate (ETR) is used when taxing all profits such as EBT, whereas marginal tax rate (MTR) is used when there is only a marginal or small change in profits. Thereafter, other non financing cash flows are included to find the free cash flow. The correct answer is: 155.9