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You are an equity analyst newly examining the financials of Titan Carpet Cleaners, Inc., and are examining measures of cash flow. The tax rate
You are an equity analyst newly examining the financials of Titan Carpet Cleaners, Inc., and are examining measures of cash flow. The tax rate for the firm is 35%, and the Payout Ratio is 15%. You would like to determine several measures of income and cash flow for fiscal year 2023. There are no sales of PP&E in the current year. Using the table below, what is the Free Cash Flow? Cash Flow Cash Flow Cash Flow From Operating from From Investing Financing Capex - Revolving Net Income 5,351 Purch of -823 Credit -152 PP&E Facility Deprec& Dividends 871 -803 Amort Paid Accounts Long Term -2,808 382 Receivable Debt Inventory -1189 Prepaid 0 Expenses Accounts Payable 42 ST Notes 6
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