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FCFE from EBIT An analyst for Remley Company has assembled the following information in local currency units ( LCU ) : EBIT = $ 1
FCFE from EBIT
An analyst for Remley Company has assembled the following information in local currency units LCU:
EBIT $
Average tax rate
Marginal tax rate
Depreciation $
Working capital investment $
Fixed capital investment $
New borrowing $
Assuming Remley's only noncash charge is depreciation expense, the analyst will calculate FCFE closest to:
$
Round your answer to the dollar.
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