Question: For the most recent year Everglade Enterprises reported operating assets of $467 million after having reported $392 million the prior year. It also reported operating
For the most recent year Everglade Enterprises reported operating assets of $467 million after having reported $392 million the prior year. It also reported operating liabilities of $322 million for this year and $275 million the prior year. On its income statement it reported operating earnings (EBIT) of $122 million and reported an effected tax rate of 30%. Calculate its free cash flow generated by the company during the year
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