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The earnings before interests and taxes are reported as $380 million. The interest expenses are $60 million. The tax rate is 30%, the capital expenditures
The earnings before interests and taxes are reported as $380 million. The interest expenses are $60 million. The tax rate is 30%, the capital expenditures are -$150 million, depreciation is $200 million, and the non-cash working capital decreased by $80 million. If the firm issued $140 million of new debt and repaid $180 million of existing debt, what is the free cash flow to the equity holders of the firm?
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