Use the information below from a company's annual report in 2019 to estimate its free cash flow
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Question:
After tax operating income = $50
Net Income = $36
Capital expenditures $10
Depreciation $5
Change in non-cash working capital $4
Interest expense = $3
Debt issued = $19
Debt repaid $5
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0133400694
1st canadian edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi
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