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During a given year a firm has EBT of 250 million and a tax rate of 32%.if depreciation charges are 27 million, capital expenditures are
During a given year a firm has EBT of 250 million and a tax rate of 32%.if depreciation charges are 27 million, capital expenditures are 69 million. and the increase in net working capital is 31 million during the year .what is the free cash flow to the firm ( in millions)
please steps solution is 286.41
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