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the 2015 income statement for egyptian noise blasters shows that depreciation expense is 93 million and NOPAT is 278 million. at the end of the
the 2015 income statement for egyptian noise blasters shows that depreciation expense is 93 million and NOPAT is 278 million. at the end of the year, the balance of gross fixed assets was 715 million the change in net operating working capital during the year was 83 million. egyptian's free cash flow was 245 million.
calculate the beginning of the year balance for gross fixed assets.
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