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This year, Stang Fabrications Inc. has EBIT of $9,080,000, depreciation expenses of $800,000, capital expenditures of $1,000,000, and has increased its net working capital by
This year, Stang Fabrications Inc. has EBIT of $9,080,000, depreciation expenses of $800,000, capital expenditures of $1,000,000, and has increased its net working capital by $450,000. If its tax rate is 25%, what is its free cash flow? The company's free cash flow is $ (Round to two decimal places.) Step by Step Solution
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Local Public Finance
Authors: René Geissler, Gerhard Hammerschmid, Christian Raffer
1st Edition
3030674681, 978-3030674687
