Question
A company reports that its' EBITDA was $1,383 for a given year. During the year depreciation was $364, capital expenditures were 31% higher than depreciation
A company reports that its' EBITDA was $1,383 for a given year. During the year depreciation was $364, capital expenditures were 31% higher than depreciation and Net Working Capital decreased by $63.
What was the company's Free Cash Flow given that the company has marginal tax rate of 29%?
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Capital Expenditure 131 Depreciation 1...
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Auditing and Assurance services an integrated approach
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
14th Edition
133081605, 132575957, 9780133081602, 978-0132575959
