This year the companys planned gross capital expenditures, Financial Management

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This year the companys planned gross capital expenditures

An analyst has forecasted the following figures for Raedebe Technology: Sales $80 million EBITDA $35 million Depreciation $ 7 million Amortization $ 0 The company’s tax rate is 40%. The company does not expect any changes in its net operating working capital. This year the company’s planned gross capital expenditures will total $10 million. What is the company’s forecasted free cash flow for the year?

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Financial Management: This year the companys planned gross capital expenditures

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