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The Net Income of a company is $826. Capital expenditures for the year was $41, depreciation was $82, and non-cash working capital increased by $50.
The Net Income of a company is $826. Capital expenditures for the year was $41, depreciation was $82, and non-cash working capital increased by $50. If the company has a stable capital structure and its debt to capital ratio (i.e., D/ (D+E)) is expected to remain fixed at 49%, what is the free cash flow to the equity holders (FCFE)?
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