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XYZ Inc has Earnings Before Interest and Taxes (EBIT) of $1,000,000, depreciation expense of $50,000, and change in net working capital of $50.000. Investment or
XYZ Inc has Earnings Before Interest and Taxes (EBIT) of $1,000,000, depreciation expense of $50,000, and change in net
working capital of $50.000. Investment or change in fixed assets is $150,000 Tax rate for XYZ Inc is 21%. Compute Free
Cash Flow for the year for XYZ Inc
O $850.000
O $940 000
O $740.000
O $640.000
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The Handbook For Investment Committee Members
Authors: Russell L. Olson
1st Edition
0471719781, 978-0471719786
