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Next year, Zenith Corp. is expected to generate $829 million in sales (revenues), spend $462 million in operating costs, spend $75 million on long-term assets,
Next year, Zenith Corp. is expected to generate $829 million in sales (revenues), spend $462 million in operating costs, spend $75 million on long-term assets, and increase net working capital by $24 million. It is expected to book $50 million in depreciation. The corporate tax rate is 27%. What will is the forecast for next years free cash flow?
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