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Please add Excel so I can understand how you got that answer. The estimated sales are $20,000,000. The EBIT is 60% of sales. Depreciation is

image text in transcribedPlease add Excel so I can understand how you got that answer.

The estimated sales are $20,000,000. The EBIT is 60% of sales. Depreciation is $70,000. Capital expenditures are 3% of sales. The increase in net working capital is $50,000. There are 1,000,000 shares outstanding. Q7. The free cash flow per share is: a. $.95 b. $1 C. $1.20 d. Less than $1 e. None of the above is correct. My answer is $

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