Question
In the second year in business, Jedi Inc. has EBIT of $989,000, net income of $637,000, an increase in net working capital of $241,000, net
In the second year in business, Jedi Inc. has EBIT of $989,000, net income of $637,000, an increase in net working capital of $241,000, net capital expenditures of $690,000, and depreciation of $460,000. Tax rate is 25%. What is your free cash flow to the firm (FCFF)? $648,000
$900,000
$2,028,000
$270,750
$166,000
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Essential Mathematics For Economic Analysis
Authors: Knut Sydsaeter, Peter Hammond, Arne Strom
4th Edition
0273760688, 9780273760689
