Question: 7. Define Free Cash Flow and when do we use it. a. Based on the information of Katz Inc. below, estimate its FCF EBIT Depreciation

7. Define Free Cash Flow and when do we use it. a. Based on the information of Katz Inc. below, estimate its FCF EBIT Depreciation CapEx Change in NWC tax rate 40.00 4.00 5.00 3.00 30% FCF = EBIT (1 - Tax rate) + Depreciation - Capital Spending - Change in net working capital
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