Question: Help Save & Exit Submit 7 Check my work Problem 2-33 Free Cash Flow (LG2-5) 2 points The 2021 income statement for Duffy's Pest Control
Help Save & Exit Submit 7 Check my work Problem 2-33 Free Cash Flow (LG2-5) 2 points The 2021 income statement for Duffy's Pest Control shows that depreciation expense was $205 milion, EBIT was $520 million, and the tax rate was 30 percent. At the beginning of the year, the balance of gross fixed assets was $1.590 million and net operating working capital was $425 million. At the end of the year, gross fixed assets was $1845 million. Duffy's free cash flow for the year was $433 million Calculate the end-of-year balance for net operating working capitat (Enter your answer in millions of dollars rounded to 1 decimal place.) eBook Print References Net operating working capital million
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