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The financial statements of JoshuaSalom OPC show the following: Operating Income P2,750,000 Expenditures on Fixed Assets and Net Operating Working Capital P860,000 Tax Rate 35%
The financial statements of JoshuaSalom OPC show the following:
Operating Income P2,750,000
Expenditures on Fixed Assets and Net Operating Working Capital P860,000
Tax Rate 35%
Required: Calculate the free cash flow.
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