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The Net Income of a company is $851. Capital expenditures for the year was $44, depreciation was $86, and non-cash working capital increased by $98.
The Net Income of a company is $851. Capital expenditures for the year was $44, depreciation was $86, and non-cash working capital increased by $98. 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 53%, what is the free cash flow to the equity holders (FCFE)
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