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If we anticipate a firms earnings before interest and taxes (EBIT) are $300 million in the next year, and its required new investment in operating
If we anticipate a firms earnings before interest and taxes (EBIT) are $300 million in the next year, and its required new investment in operating capital in the next year is $80 million. If we assume the firms corporate tax rate at 20%. Calculate the firms expected free cash flow
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