If the tax rate is 35 capital expenditures are 10 million
1) A firm reports EBIT of $100 million. The income statement shows depreciation of $20 million. If the tax rate is 35%, capital expenditures are $10 million, and increases in working capital are $10 million, what is the free cash flow to the firm?
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If the tax rate is 35%, capital expenditures are $10 million, and increases in working capital are $10 million, what is the free cash flow to the firm?
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