Question
I need help on this question. So Based on the following data, what is the free cash flow for year 1? Revenuere 665.00 Fixed costs
I need help on this question.
So Based on the following data, what is the free cash flow for year 1?
Revenuere
665.00
Fixed costs are
80.00
Variable costs
250.00
Additional investment in NWC are
15.00
Additional investment in operating long-term assets are
90.00
Depreciation is
75.00
Tax rate is
0.40
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Financial Markets and Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
5th edition
321280299, 321280296, 978-0321280299
