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This year, FCF Inc. has earnings before interest and taxes of $9,530,000, depreciation expenses of $800,000, capital expenditures of $1,800,000, and has increased its net
This year, FCF Inc. has earnings before interest and taxes of $9,530,000, depreciation expenses of $800,000, capital expenditures of $1,800,000, and has increased its net working capital by $600,000. If its tax rate is 38%, what is its free cash flow? The company's free cash flow is $1. (Round to two decimal places.)
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