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In 2019 Quick Burger had capital expenditures of $3,049. a. Calculate Quick Burger's free cash flow in 2019. (Enter your answer in millions.) Answer is
In 2019 Quick Burger had capital expenditures of $3,049. a. Calculate Quick Burger's free cash flow in 2019. (Enter your answer in millions.) Answer is complete but not entirely correct. Free cash flow $ 4,994 X million b. If Quick Burger was financed entirely by equity, how much more tax would the company have paid? (Assume a tax rate of 21%.) (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places) Answer is complete and correct. Additional tax 108.57 million c. What would the company's free cash flow have been if it was all-equity financed? (Enter your answer in millions.) Answer is complete but not entirely correct. Free cash flow $ 4,885 In 2019 Quick Burger had capital expenditures of $3,049. a. Calculate Quick Burger's free cash flow in 2019. (Enter your answer in millions.) Answer is complete but not entirely correct. Free cash flow $ 4,994 X million b. If Quick Burger was financed entirely by equity, how much more tax would the company have paid? (Assume a tax rate of 21%.) (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places) Answer is complete and correct. Additional tax 108.57 million c. What would the company's free cash flow have been if it was all-equity financed? (Enter your answer in millions.) Answer is complete but not entirely correct. Free cash flow $ 4,885
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