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In the current year, a company reported cash flow from operating activities of $100,000, cash flow from investing activities of ($60,000), and cash flow from
In the current year, a company reported cash flow from operating activities of $100,000, cash flow from investing activities of ($60,000), and cash flow from financing activities of ($40,000). In addition, the company paid interest of $20,000, had net capital expenditures of $50,000, and issued net new debt of $15,000. The marginal tax rate is 35%. Compute the free cash flow to equity for the current year. $63,000$35,000$65,000$178,000
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