In fiscal year 2019, a firm reported EBIT of $2,200, depreciation and amortization expense of $150 and capital expenditures of $425. If its working capital
In fiscal year 2019, a firm reported EBIT of $2,200, depreciation and amortization expense of $150 and capital expenditures of $425. If its working capital increased by $25 from 2018 to 2019, what is its free cash flow the firm in 2019? Assume a tax rate of 35%,
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Authors: William Brueggeman, Jeffrey Fisher
16th Edition
1259919684, 978-1259919688
