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Question 23 15 pts In 2018, ARA. Corp spent $415 million on new capital equipment, faced $95 million of depreciation cost, and invested an additional
Question 23 15 pts In 2018, ARA. Corp spent $415 million on new capital equipment, faced $95 million of depreciation cost, and invested an additional $360 million working capital. In the same year, ARA's Earnings before interest and tax was $1,719 million, and its tax rate was 21%. What is the 2018 free cash flow for ARA. Corp? 0 $ 678 million O $ 848 million O $ 488 million O $ 533 million Previous Next >
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