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QUESTION 10 Hartzell Inc. had the following data for 2020, in millions: Net income - $600; after-tax operating income [EBIT (1-T)]-$700; and Total assets= $2,000.

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QUESTION 10 Hartzell Inc. had the following data for 2020, in millions: Net income - $600; after-tax operating income [EBIT (1-T)]-$700; and Total assets= $2,000. Information for 2021 is as follows: Net income - $825; after-tax operating income (EBIT (1-T)]-$1,000; and Total assets-$2,500. Assume the firm had no excess cash. How much free cash flow did the firm generate during 2021? O a. $560 O b. $555 Oc. $400 d. $405 e. $500

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