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Ch 6 Assignment i | Saved ve & Exit Submit 1 2 points Skipped eBook Lauryn's Doll Co. had EBIT last year of $46
Ch 6 Assignment i | Saved ve & Exit Submit 1 2 points Skipped eBook Lauryn's Doll Co. had EBIT last year of $46 million, which is net of a depreciation expense of $4.6 million. In addition, Lauryn's made $6.25 million in capital expenditures and increased net working capital by $3.6 million. Assume that Lauryn's has a reported equity beta of 1.5, a debt-to-equity ratio of .4, and a tax rate of 21 percent. What is Lauryn's FCF for the year? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) Print References FCF million
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