Question: Celular Access, Inc., a celular telephone service provider reported net income of $254.6 million for the most recent fiscal year. The firm had depreciation expenses
Celular Access, Inc., a celular telephone service provider reported net income of $254.6 million for the most recent fiscal year. The firm had depreciation expenses of $98.2 million, capital expenditures of $194.4 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 $ milion (Round to one decimal place)
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