Question: please help solve Question 3 Homework Answered . What's the FCFF of a company with revenues of $800 million, operating profit margin of 38%, tax
Question 3 Homework Answered . What's the FCFF of a company with revenues of $800 million, operating profit margin of 38%, tax rate of 28% and reinvestment rate of 50%? Answer in millions, rounded to one decimal place. (e.g., 5256,937,122 =256.9) (Assume that non-operating incomes and expenses are zero, so that EBIT = Operating income.) Type your numeric answer and submit 218.8 You are incorrect Hint Careful with rounding. Divide your final answer by 1 million and round to one decimal place. Answered - Incorrect 2 attempts left Resubmit
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