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Operating capital for a company in 2015 was $70 million. The company has the following information for 2016 (all $ figures are in millions): EBIT-$60

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Operating capital for a company in 2015 was $70 million. The company has the following information for 2016 (all $ figures are in millions): EBIT-$60 Tax rate=40% Operating capital - $90 What is the free cash flow for this firm for 2016? $44 million O $16 million O$40 million O$-54 million

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