Nt income 825 after-tax operating income ebit 1-t 925


Stret Construction Co. Ltd. had the following data for 2008, in millions: Net income = $600; after-tax operating income [EBIT (1-T)] = $700; Gross fixed assets = $2,000; and Net operating working capital (NOWC) = 250. Information for 2009 is as follows: Net income = $825; after-tax operating income [EBIT (1-T)] = $925; EBITDA=1,700; Gross fixed assets = $2,500; and Net operating working capital (NOWC) = 350. Tax rate is 40%. How much free cash flow did the firm generate during 2009?

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Finance Basics: Nt income 825 after-tax operating income ebit 1-t 925
Reference No:- TGS0602388

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