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In current year, a company has EBIT (operating profits) of $55 million, depreciation of $9 million, interest expense of $15 million, and a 40% tax

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In current year, a company has EBIT (operating profits) of $55 million, depreciation of $9 million, interest expense of $15 million, and a 40% tax rate. Its net fixed assets increase by $13 million. It spends $16 million to increase its current assets. It expects its accounts payable to increase by $3 million, its accruals to increase by $5 million, and its notes payable to increase by $4 million. The firm's current liabilities consist of only accounts payable, accruals, and notes payable. What is the company's operating cash flow (OCF)? What is the company's net fixed asset investment (NFAI)? What is the company's net current asset investment (NCAI)? What is the company's free cash flow (FCF)? (Hint: This question is similar to Chapter 4 PowerPoint Slides #7 and #8 (Example Question #2)] Oa b Oc Od OCF = 542 million, NFAL - $22 million, NCAI - $8 million, FCF = $12 million OCF = $42 million, NFAI - $22 million, NCAI = 54 million, FCF = $16 million OCF531 million, NFAI = $25 million, NCAI = 58 million, FCF = -52 million OCF = 533 million, NFAI - $13 million, NCA - $18 million, FCF 52 million

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