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Cellular Access, Inc. is a cellular telephone service provider that reported net income of $256 million for the most recent fiscal year. The firm had
Cellular Access, Inc. is a cellular telephone service provider that reported net income of $256 million for the most recent fiscal year. The firm had depreciation expenses of $108 million, capital expenditures of $162 million, and no interest expenses. Working capital increased by $14 million. Calculate the free cash flow for Cellular Access for the most recent fiscal year. The free cash flow is million. (Round to the nearest integer.)
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