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Echoes in Time Corp. (ETC) reported EBIT of $400 million for the most recent fiscal year. The firm's tax rate is 25%. The firm had

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Echoes in Time Corp. (ETC) reported EBIT of $400 million for the most recent fiscal year. The firm's tax rate is 25%. The firm had depreciation expenses of $125 million and capital expenditures of $150 million. Although they had no interest expense, the firm did have an increase in net working capital of $20 million. What is ETC's free cash flow? $375 million $275 million $5 million $395 million $170 million $150 million $295 million $255 million

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