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fefain corp. recently reported that its EBIT for the last year was $80,000. during the same time period it incurred $20,000 in depreciation expenses and
fefain corp. recently reported that its EBIT for the last year was $80,000. during the same time period it incurred $20,000 in depreciation expenses and increased its net working capital by $8,000. the corporation did not make any major capital expenditures over the last year. if the corporation is in the 30% marginal tax bracket, how much free cash flow did they have available for distribution to all providers of capital last year?
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