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Business, 18.02.2020 05:01 Weser17

A firm has sales of $10,000, EBIT of $3,000, depreciation of $400, and fixed assets increased by $2,000. If the firm's tax rate is 30 percent and there were no increases in net operating working capital, what is the firm's free cash flow? Multiple Choice a. $500 b. $600 c. $7400 d. $1,220

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A firm has sales of $10,000, EBIT of $3,000, depreciation of $400, and fixed assets increased by $2,...
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