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Vasudevan Inc. recently reported operating income of $5.80 million, depreciation of $0.90 million, and had a tax rate of 25%. The firm's expenditures on fixed
Vasudevan Inc. recently reported operating income of $5.80 million, depreciation of $0.90 million, and had a tax rate of 25%. The firm's expenditures on fixed assets and net operating working capital totaled $0.60 million. How much was its free cash flow, in millions? a. $6.100 b. $5.850 c. $4.650 d. $6.700 e. $5.250
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