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TSW Inc. had the following data for last year: EBIT = $ 1 , 0 0 0 ; Net fixed assets = $ 2 ,

TSW Inc. had the following data for last year: EBIT = $1,000; Net fixed assets = $2,000; Cash = $500; Accounts Receivables = $800; Inventory = $900; Short-term Investments = $400. Information for the just-completed year is as follows: EBIT = $800; Net fixed assets = $2,500; Cash = $400; Accounts Receivables = $900; Inventory = $1,100; Short-term Investments = $500.The company tax rate is 30% How much free cash flow did the firm generate during the just-completed year?

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