Question: Cellular Access, Inc., a cellular telephone service provider reported net income of $254.5 million for the most recent fiscal year. The firm had depreciation expenses
Cellular Access, Inc., a cellular telephone service provider reported net income of $254.5 million for the most recent fiscal year. The firm had depreciation expenses of $96.2 million, capital expenditures of $198.4 million, and no interest expenses. Net working capital increased by $9.3 million. Calculate the free cash flow for Cellular Access for the most recent fiscal year.
The free cash flow is ???? million.(Round to one decimal place.)
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