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Calculate the FCF for Storm Atlantic given the following financial statement data and a 30% tax rate. Storm Atlantic Financial Statements Current Previous Operating cash
Calculate the FCF for Storm Atlantic given the following financial statement data and a 30% tax rate. Storm Atlantic Financial Statements Current Previous Operating cash Accounts receivable Inventories Property & plant (net) Accounts payable Long-term debt 500 700 2,000 4,000 600 3,500 300 800 1,500 2,750 550 2,500 Common equity Sales Interest income Operating expenses Interest expense 3,100 2,300 10,000 30 8,500 300 Tax expense 400 Comprehensive Income 830
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