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In 2019 ABC company had EBIT of $30 million and depreciation of $5 million. The tax rate was 40% If the change in NOWC was
In 2019 ABC company had EBIT of $30 million and depreciation of $5 million. The tax rate was 40% If the change in NOWC was $8 million and the capital expenditures were $8 million for 2019 what was the Free Cash flow for ABC company?
In 2019 ABC company had EBIT of $30 million and depreciation of $5 million. The tax rate was 40% If the change in NOWC was $8 million and the capital expenditures were \$8 million for 2019 what was the Free Cash flow for ABC company? Select one: a. $7 million b. $19 million c. $41 million d. $35 million Select one:
a. $7 million
b. $19 million
c. $ 41 million
d . $ 35 million
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