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The following table shows an abbreviated income statement and balance sheet for Quick Burger Corporation for 2019, INCOME STATEMENT OF QUICK BURGER CORP., 2019 (Figures

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The following table shows an abbreviated income statement and balance sheet for Quick Burger Corporation for 2019, INCOME STATEMENT OF QUICK BURGER CORP., 2019 (Figures in $ millions) Net sales $ 27,573 Costs 17,575 Depreciation 1,408 Earnings before interest and taxes (EBIT) $ 8,590 Interest expense 523 Pretax income 8,067 Federal taxes (@ 213) 1,694 Net income $ 6,373 Check my 4 In 2019 Quick Burger had capital expenditures of $3,055. a. Calculate Quick Burger's free cash flow in 2019. (Enter your answer in millions.) 5 points Free cash flow $ 4,483 million eBook References b. If Quick Burger was financed entirely by equity, how much more tax would the company have paid? (Assume a tax rate of 21%.) (Do not round intermediate calculations. Enter your answer in millions rounded 2 decimal places.) Additional tax $ 109.83 million c. What would the company's free cash flow have been if it was all-equity financed? (Enter your answer in millions.) Mc Dr 1 of 8 TI Neyt

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