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Foretex yielded a 3.728 M (million) EBIT last year. Amortization charges amounted to 218 M. The decrease in the requirements of working capitals was 86
Foretex yielded a 3.728 M (million) EBIT last year. Amortization charges amounted to 218 M. The decrease in the requirements of working capitals was 86 M. The investment for the refurbishment of outlets was 723 M. Please, compute the free cashflow of Foretex if the company was subject to 28% taxes on income.
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