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You are given the following financial statement data for a company: What would be the Free Cash Flow for year 2022 using the Brigham &
You are given the following financial statement data for a company:
What would be the Free Cash Flow for year 2022 using the Brigham & Ehrhardt approach?
\begin{tabular}{|l|r|r|} \hline & 2022 & 2021 \\ \hline Net Income & 925 & 700 \\ \hline NOPAT & 1,050 & 800 \\ \hline Total Assets & 2,600 & 3,000 \\ \hline Total Net Operating Capital & 2,500 & 2,000 \\ \hline \end{tabular}Step by Step Solution
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