Roomba Inc. is a manufacturer of vacuum cleaners and you have estimated a FCFF of $50 million for firm for the most recent year. Roomba's total debt decreased from $100 to $85 million during the course of the year and it reported interest expense of $10 million for the year. If Roomba's tax rate is 30%,  estimate the FCFE for the most recent year.

Answer rating: 100% (QA)

To estimate the FCFE Free Cash Flow to Equity for Roomba Inc we need to ad... View the full answer