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You determined the items below for a company for the most recent year: EBIT: $500,000 Depreciation: $26,000 Gross investments in fixed assets: $127,000 Investment in
You determined the items below for a company for the most recent year: EBIT: $500,000 Depreciation: $26,000 Gross investments in fixed assets: $127,000 Investment in net operating working capital (NOWC): $63,000 Interest expense: $43,000 Dividends: $24,000 Tax rate: 15% Based on the relevant data above, what is the free cash
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