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The income statement for Duffy's Pest Control shows that depreciation expense was $ 1 9 3 million, EBIT was $ 4 9 6 million, and
The income statement for Duffy's Pest Control shows that depreciation expense was $ million, EBIT was $ million, and the tax rate was percent. At the beginning of the year, the balance of gross fixed assets was $ million and net operating working capital was $ million. At the end of the year, gross fixed assets was $ million. Duffy's free cash flow for the year was $ million.
Calculate the endofyear balance for net operating working capital.
Note: Enter your answers in millions of dollars rounded to decimal place. ie Enter as
Net operating working capital
million
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