Question: looking for help on this question! thanks for your time (will give review) Assume that you have been asked to estimate the free cash flow

looking for help on this question! thanks for your time (will give review)
looking for help on this question! thanks for your time (will give

Assume that you have been asked to estimate the free cash flow to the firm last year for BBC Inc. and have collected the following information The firm reported earnings before interest, taxes, depreciation and amortization of $ 434 million on its revenues of $ 1207 million. Depreciation and amortization charges amounted to $ 183 million and capital expenditures were $ 120 million. - BBCB spent $ 195 milion last year on research and development in its software division and you calculates an amortization for past R&D of $ 121 million The tax rate for the firm is 33 %. The working capital items for the last year (left column) and the previous year (right column) are reported below. Cash $36 million $ 21 million Accounts Receivable $ 51 million $ 50 million Inventory $ 94 million $ 83 million Accounts Payable $ 203 million $ 213 million Estimate the free cash flows to the firm last year. $ 65 million $ 97 million Short term Debt

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