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Given the information below, calculate the FCF. EBIT = $420,000 NI - $240,000 Change in FA +$30,000 Change in CA +$10,000 Change in Accounts Payable=
Given the information below, calculate the FCF. EBIT = $420,000 NI - $240,000 Change in FA +$30,000 Change in CA +$10,000 Change in Accounts Payable= +$24,000 Change in Accruals = +$3,000 Change in Notes Payable = +$4,000 Depreciation = $15,000 Tax Rate = 0.4 A. $214,000 B. $227,000 C. $239,000 D. $243,000 E. None of the above.
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