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Please show the work Net income is 375, Non-cash charges are 90, Before-tax interest expense is 60, Investment in plant and equipment is 170, Investment
Please show the work
Net income is 375, Non-cash charges are 90, Before-tax interest expense is 60, Investment in plant and equipment is 170, Investment in working capital is 40, Net borrowing is 50, and the tax rate is 40%. What is the Free Cash Flow to Equity (FCFE)?
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