Use the following to determine FCF (Free Cash Flow): Depreciation Expense = $1,791 Operating Income = $5,783
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Question:
Use the following to determine FCF (Free Cash Flow):
- Depreciation Expense = $1,791
- Operating Income = $5,783
- Effective Tax Rate = 21%
- Incremental investment in operating net working capital = $167
- Incremental investment in long-term operating assets = $3,237
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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