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This year, FCF Inc. has earnings before interest and taxes of $9,480,000, depreciation expenses of $1,500,000, capital expenditures of $1,400,000, and has increased its
This year, FCF Inc. has earnings before interest and taxes of $9,480,000, depreciation expenses of $1,500,000, capital expenditures of $1,400,000, and has increased its net working capital by $500,000. If its tax rate is 21%, what is its free cash flow? The company's free cash flow is $ (Round to the nearest dollar.)
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Fundamentals of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
12th edition
978-0133075403, 133075354, 9780133423938, 133075400, 013342393X, 978-0133075359
