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You have forecast pro forma earnings of $1,114,000. This includes the effect of $172,000 in depreciation. You also forecast a decrease in working capital
You have forecast pro forma earnings of $1,114,000. This includes the effect of $172,000 in depreciation. You also forecast a decrease in working capital of $102,000 that year. What is your forecast of free cash flow for that year? The free cash flow from earnings will be $ (Round to the nearest dollar.)
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