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The following table shows an abbreviated income statement and balance sheet for McDonald's Corporation for 2012. In 2012 McDonald's had copital expenditures of $3,056. a.
The following table shows an abbreviated income statement and balance sheet for McDonald's Corporation for 2012. In 2012 McDonald's had copital expenditures of $3,056. a. Calculate McDonald's free cash flow in 2012. (Enter your answer in millions.) Free cash flow milition If MCDonald's was financed entirelv bv eouitv, how much more tax would the combanv In 2012 McDonald's had capital expenditures of $3,056. a. Calculate McDonald's free cash flow in 2012. (Enter your answer in millions.) Free cash flow million If McDonald's was financed entirely by equity, how much more tax would the company b. have paid? (Assume a tax rate of 35% on the revised pretax income.) (Do not reqund intermediate calculations. Enter your answer in millions rounded to the nearest whole number.)
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