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You are considering an investment in Fields and Struthers, Inc. and want to evaluate the firm's free cash flow. From the income statement, you see
You are considering an investment in Fields and Struthers, Inc. and want to evaluate the firm's free cash flow. From the income statement, you see the Fields and Struthers earned an EBIT of 90 million, had a tax rate of 30 percent, and its depreciation expense increased by 44 million and spontaneous current liabilities increased by 36 million.
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