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Question 9 A firm with $5.5 milion EBIT, $1.2 depreciation, a tax rate of 4, a capital expenditure of $1.4, and an increase in NOWC

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Question 9 A firm with $5.5 milion EBIT, $1.2 depreciation, a tax rate of 4, a capital expenditure of $1.4, and an increase in NOWC of $0.6 will have a free cash flow of what amount for the year? Pk the closest tenth of a million as in $x.x million without entering the dollar sign or the million word

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