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Simple Company Ltd. has EBIT of $6.5 million and a 17% tax rate. It had $850,000 in depreciation expenses with a $680,000 increase in working
Simple Company Ltd. has EBIT of $6.5 million and a 17% tax rate. It had $850,000 in depreciation expenses with a $680,000 increase in working capital. It had another $150,000 in capital expenditures. What is the company's free cash flow?
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