Calculate the "free cash flow" in millions for the Cornwall Corporation (to at least the nearest hundred thousand - so one place accuracy) if a firm has "earnings before interest and taxes" of $4.7 million and depreciation of $1.1 million, a tax rate of 0.3, a capital expenditure of$0.7 million, and an increase in "net operating working capital" of $1.4 million.

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To calculate the free cash flow for Cornwall Corporation we can use the following formula Free C... View the full answer