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For 2019, net income was $20 million, sales were $350 million, and operating income was $100 million. The tax rate was 20%. During the year,
For 2019, net income was $20 million, sales were $350 million, and operating income was $100 million. The tax rate was 20%. During the year, net operating working capital increased by $5 million. Depreciation plus amortization totaled $10 million for the year. Capital expenditures during the year were $35 million. The free cashflow for the year is?
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