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You have forecast pro forma earnings of $1,000,000. This includes the effect of $200,000 in depreciation. You also forecast a decrease in working capital of
You have forecast pro forma earnings of $1,000,000. This includes the effect of $200,000 in depreciation. You also forecast a decrease in working capital of $100,000 that year. What is your forecast of free cash flows for that year? The free cash flows from earnings will be $ 1300000. (Round to the nearest dollar.)
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