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Tapon currently has a Profit before interest after tax of R1 125 000. Depreciation is expected to be R55 000 next year. Tapcon plans to
Tapon currently has a Profit before interest after tax of R1 125 000. Depreciation is expected to be R55 000 next year. Tapcon plans to spend R230000 on new equipment next year. The profit is expected to grow by 10% per annum. Working capital currently at R60000 will also grow at 10% per annum. Tapcon's free cash flow for the next year will be
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Fundamentals of Investment Management
Authors: Geoffrey Hirt, Stanley Block
10th edition
0078034620, 978-0078034626
