Question
For 2017, current assets for ABC company was $30,000 and current liabilities were $20,000. For 2018 the current assets are projected to be $40,000 and
For 2017, current assets for ABC company was $30,000 and current liabilities were $20,000. For 2018 the current assets are projected to be $40,000 and current liabilities to be $10,000. For 2018 you also project EBIT to be $120,000, depreciation to be $15,000, and capital expenditures to be $30,000. If the current tax bracket for ABC company is 20%, what is the projected free-cash flow for 2018?
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Global Corporate Finance A Focused Approach
Authors: Kenneth A. Kim
1st Edition
9814335827, 9789814335829
