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GetRicher Inc. recently reported operating income of $3.25 million, depreciation of $1.20 million, and had a tax rate of 40%. The firm's expenditures on fixed
GetRicher Inc. recently reported operating income of $3.25 million, depreciation of $1.20 million, and had a tax rate of 40%. The firm's expenditures on fixed assets and net operating working capital totaled $0.5 million. How much was its free cash flow, in millions? a) $2.45 Ob) $2.65 Oc) $2.30 d) $1.95 e) $2.55
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