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Cellular Access, Inc., a cellular telephone service provider, reported net income of $250.0 million for the most recent fiscal year. The firm had depreciation expenses
Cellular Access, Inc., a cellular telephone service provider, reported net income of
$250.0
million for the most recent fiscal year. The firm had depreciation expenses of
$100.0
million, capital expenditures of
$200.0
million, and no interest expenses. Net working capital increased by
$10.0
million. Calculate the free cash flow for Cellular Access for the most recent fiscal year.
Round to one decimal place
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