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You have forecast pro forma earnings of $1,132,000. This includes the effect of $173,000 in depreciation. You also forecast a decrease in working capital
You have forecast pro forma earnings of $1,132,000. This includes the effect of $173,000 in depreciation. You also forecast a decrease in working capital of $93,000 that year. What is your forecast of free cash flow for that year?
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Quantitative Analysis for Management
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Ha
12th edition
133507335, 978-0133507331
