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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 for
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 and the Payout Ratio is You would like to determine several measures of income and cash flow for fiscal year There are no sales of PP&E in the current year. Using the table below, what is the Free Cash Flow to Equity?
tabletableCash Flow FromOperatingtableCash FlowfromInvestingtableCash FlowFromFinancingNet Income,tableCapex Purch ofPP&EtableRevolvingCredit FacilityDeprec & Amort,tableDividendsPaidtableAccountsReceivabletableLong TermDebtInventorytablePrepaidExpensestableAccountsPayableST Notes,
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