Question
What's the FCFF of a company with revenues of $843 million, operating profit margin of 32%, tax rate of 31% and reinvestment rate of 37%?
What's the FCFF of a company with revenues of $843 million, operating profit margin of 32%, tax rate of 31% and reinvestment rate of 37%? Answer in millions, rounded to one decimal place. (e.g., $256,937,122 = 256.9) (Assume that non-operating incomes and expenses are zero, so that EBIT = Operating income.)
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The Principals Guide To School Budgeting
Authors: Richard D. Sorenson, Lloyd M. Goldsmith
3rd Edition
1506389457, 978-1506389455
