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Use the income statement shown next to calculate free cash flow for Lincoln Top Hats, Inc. for 2021. In addition to the information in the
Use the income statement shown next to calculate free cash flow for Lincoln Top Hats, Inc. for 2021. In addition to the information in the income statement, assume that Lincoln had $680,000 in capital expenditures and $480,000 in working capital investments during 2021. Note: Enter your answer in thousands Step by Step Solution
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Principles Of Investments
Authors: Alan Marcus, Zvi Bodie, Michael Drew, Anup Basu, Alex Kane
1st Edition
0071012389, 978-0071012386
