Question: Question 5 1 pts Cellular Access, Inc. is a cellular telephone service provider that reported an EBITDA of $300 million for the most recent fiscal
Question 5 1 pts Cellular Access, Inc. is a cellular telephone service provider that reported an EBITDA of $300 million for the most recent fiscal year. The firm had depreciation expenses of $50 million, capital expenditures of $150 million, and interest expenses of $60 million. Working capital increased by $10 million. Calculate the free cash flow for Cellular Access for the most recent fiscal year. Assume the company's marginal tax rate is 30%. (Video 2.1.C to E.) A) $100 million B) $85 million C) $65 million D) $15 million
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