If a firm has EBIT of $40, a tax rate of 35%, free cash flows of $31,

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If a firm has EBIT of $40, a tax rate of 35%, free cash flows of $31, a change in capital expenditures of $20, and a change in net working capital of $5, what is its depreciation expense?

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Financial Management Theory and Practice

ISBN: 978-1305632295

15th edition

Authors: Eugene F. Brigham, Michael C. Ehrhardt

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Posted Date: Feb 23, 2023 02:48 AM

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If a firm has EBIT of $40, a tax rate of 35%, free cash flows of $31,

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Financial Management Theory and Practice

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