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This year, FCF Inc. has earnings before interest and taxes of $9,050,000, depreciation expenses of $800,000, capital expenditures of $1,100,000, and has increased its
This year, FCF Inc. has earnings before interest and taxes of $9,050,000, depreciation expenses of $800,000, capital expenditures of $1,100,000, and has increased its net working capital by $500,000. If its tax rate is 25%, what is its free cash flow? The company's free cash flow is $ (Round to two decimal places.)
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Fundamentals of Corporate Finance
Authors: Berk, DeMarzo, Harford
2nd edition
132148234, 978-0132148238
