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Company DotThrive reported the following financial results. Operating income is $68.88 million and depreciation and amortization is $8.99 million. The company spent $13.30 million buying
Company DotThrive reported the following financial results.
Operating income is $68.88 million and depreciation and amortization is $8.99 million. The company spent $13.30 million buying new equipment and sold $3.10 million old equipment (this is the after-tax salvage). Net working capital increased by $2.96 million from previous year. The company's tax bracket is 21%.
What's the company's Free Cash Flow (FCF) for the year?
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