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Dollar Inc. recently reported operating income (EBIT) of $3.25 million, depreciation of $0.56 million, and had a tax rate of 40%. The firm's expenditures on
Dollar Inc. recently reported operating income (EBIT) of $3.25 million, depreciation of $0.56 million, and had a tax rate of 40%. The firm's expenditures on fixed assets and net operating working capital totaled $0.37 million. How much was its free cash flow, in millions?
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