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This year, FCF Inc. has earnings before interest and taxes of $9,070,000, depreciation expenses of $1,300,000, capital expenditures of $1,800,000, and has increased its net
This year, FCF Inc. has earnings before interest and taxes of
$9,070,000,
depreciation expenses of
$1,300,000,
capital expenditures of
$1,800,000,
and has increased its net working capital by
$500,000.
If its tax rate is
21%,
what is its free cash flow?
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Part 1
The company's free cash flow is
$enter your response here.
(Round to two decimal places.)
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