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Calculate the annual growth rates of these FCFs, and figure out the average annual growth rate FCF = EBIT (1-T) + DEP + AMORT -
Calculate the annual growth rates of these FCFs, and figure out the average annual growth rate
FCF = EBIT (1-T) + DEP + AMORT - delta NOWC - CAPITAL EXPENDITURES 2014 1, 863 (1 - 0.3195) + 378.1 - 405.9 + 481 = 1, 700.9715 2015 1, 611.60 (1 - 0.2994) + 386.3 - (-714.7) + 473 = 2703.08696 2016 1, 770.50 (1 - 0.2793) + 385.4 - (-597.2) + 525.3 = 2, 783.89935Step by Step Solution
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Economics Of Money Banking And Financial Markets
Authors: Frederic Mishkin
5th Edition
0134734203, 978-0134734200
