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QUESTION 1 In 2 0 1 7 , Eraser Corp had Revenue of $ 2 3 1 million, Cost of Goods Sold of $ 1

QUESTION 1 In 2017, Eraser Corp had Revenue of $231 million, Cost of Goods Sold of $124 million (this includes Depreciation of S46 million), Sales General and Admin Expenses of $36 million, and faced a tax rate of 21%. Assume that no money was spent on Capital Expenditures or on additional Net Working Capital. According to our recipe, what should be the after-tax cash flow generated by Eraser Corp in 2017(in millions)?Of the list below, select those that contribute to Net Working Capital. Cumulative Depreciation Accounts Payable Property Plant and Equipment Accounts Receivable Interest Expense Inventories Shareholder's Equity Cash

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