Question: Help Save & Exit Submit 00 Check my work Problem 2-34 Free Cash Flow (LG-5) 2 points The 2021 income statement for Egyptian Noise Blasters
Help Save & Exit Submit 00 Check my work Problem 2-34 Free Cash Flow (LG-5) 2 points The 2021 income statement for Egyptian Noise Blasters shows that depreciation expense is $94 million, NOPAT is $281 milion At the end of the year, the balance of gross fixed assets was $720 million. The change in net operating working capital during the year was $84 million. Egyptian's free cash flow for the year was $250 million Calculate the beginning-of-year balance for gross fixed assets. (Enter your answer in milions of dollars.) Gross foxed assets References million
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