Cellular Access, Inc., a cellular telephone service provider, reported net income of $241.6 million for the most
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Cellular Access, Inc., a cellular telephone service provider, reported net income of $241.6 million for the most recent fiscal year. The firm had depreciation expenses of $95.8 million, capital expenditures of $194.7 million, and no interest expenses. Net working capital increased by $10.2 million. Calculate the free cash flow for Cellular Access for the most recent fiscal year.
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Fundamentals Of Corporate Finance
ISBN: 9781292437156
5th Global Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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