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For 2020 current assets for ABC company was 25,000 and current liabilities were 30,000 for 2021 and the current assets are projected to be 40,000
For 2020 current assets for ABC company was 25,000 and current liabilities were 30,000 for 2021 and the current assets are projected to be 40,000 and the current liabilities to be 30,000 for 2021. You also project EBIT to be 120,000 depreciation to be 10,000 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 2021?
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Financial and Managerial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
3rd edition
978-1-119-3916, 1119392132, 1119392136, 9781119391609, 1119391601, 978-1119392132
