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From last years income statement, NickiNow Inc reported the following (in millions of dollars): revenue of $110 COGS of $10 depreciation expense of $8.5 EBIT

From last years income statement, NickiNow Inc reported the following (in millions of dollars):

revenue of $110

COGS of $10

depreciation expense of $8.5

EBIT (operating profit) of $46

interest expense was $11.14

a tax rate of 36%.

Following Equations 8.2, 8.3 and/or 8.4, compute the CF from Operations for the prior year, and enter it (in millions of dollars), in the answer-box below.

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