Question
Thisyear, FCF Inc. has earnings before interest and taxes of $10, 440,000, depreciation expenses of $900, 000, capital expenditures of $100,000, and has increased its
Thisyear, FCF Inc. has earnings before interest and taxes of $10, 440,000, depreciation expenses of $900, 000, capital expenditures of
$100,000, and has increased its net working capital by $ 575,000.If its tax rate is 30 %, what is its free cash flow?
The company's free cash flow is $
. (Round to two decimalplaces.)
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
