Question: QUESTION 2 You have a pro forma estimate for EBIT next year equal to $625,000. The corporate tax rate is 2196 and your depreciation expense

QUESTION 2 You have a pro forma estimate for EBIT next

QUESTION 2 You have a pro forma estimate for EBIT next year equal to $625,000. The corporate tax rate is 2196 and your depreciation expense is $84,000. You forecast a decrease in net working captial of $40,000 over the year and capital expenditures of $130,000. What is the estimate free cash flow for the firm? O $319.750 O $487,750 O $407.750 O $619,000

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