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please show detailed method to get to answer of 389 Tratty as well as projected amounts for 2014, are shown below. There are no planned

please show detailed method to get to answer of 389
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Tratty as well as projected amounts for 2014, are shown below. There are no planned gains or losses on disposal of assets in 2014. Assume a tax rate of 35 percent. What is the projected Free Cash Flow (FCF) for 2014? Company A 2013 2014 Revenues 2.000 2.200 1.400 1,500 Operating Expenses Operating Income 600 660 interest Expense 100 100 Pretax income 500 560 Tax Expense 175 196 325 384 Net Income Depreciation and Amortization 100 100 Capital Expenditure 100 120 Working Capital at Year End 200 220 Projected Free Cash Flow (FCF) for 2014

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