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You have forecast pro forma earnings of $1,057,000. This includes the effect of $176,000 in depreciation. You also forecast a decrease in working capital of
You have forecast pro forma earnings of $1,057,000. This includes the effect of $176,000 in depreciation. You also forecast a decrease in working capital of $105,000 that year. What is your forecast of free cash flows for that year? The free cash flows from earnings will be (Round to the nearest dollar.)
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