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Problem 2 - 2 8 Free Cash Flow ( LG - 5 ) The income statement for Egyptian Noise Blasters shows that depreciation expense is
Problem Free Cash Flow LG The income statement for Egyptian Noise Blasters shows that depreciation expense is $ million and NOPAT is $ million. At the end of the year, the balance of gross fixed assets was $ million. The change in net operating working capital during the year was $ million. Egyptian's free cash flow for the year was $ million. Calculate the beginningofyear balance for gross fixed assets. Note: Enter your answer in millions of dollars. ie Enter as Answer is complete but not entirely correct.
Problem Free Cash Flow LG
The income statement for Egyptian Noise Blasters shows that depreciation expense is $ million and NOPAT is $ million. At the
end of the year, the balance of gross fixed assets was $ million. The change in net operating working capital during the year was
$ million. Egyptian's free cash flow for the year was $ million.
Calculate the beginningofyear balance for gross fixed assets.
Note: Enter your answer in millions of dollars. ie Enter as
Answer is complete but not entirely correct.
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