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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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