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This year, FCF Inc. has earnings before interest and taxes of $10,360,000, depreciation expenses of $1,100,000, capital expenditures of $1,300,000, and has increased its
This year, FCF Inc. has earnings before interest and taxes of $10,360,000, depreciation expenses of $1,100,000, capital expenditures of $1,300,000, and has increased its net working capital by $425,000. If its tax rate is 20%, what is its free cash flow? The company's free cash flow is $. (Round to the nearest dollar.)
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Finance Applications and Theory
Authors: Marcia Cornett, Troy Adair
3rd edition
1259252221, 007786168X, 9781259252228, 978-0077861681
