How much is the free cash flow of a firm with revenues of $8 million, operating margin of 32.5%, net margin of 18.5%, tax rate of 22.7%, and reinvestment rate of 20.3%? Answer in million dollars, rounded to one decimal place (Divide the dollar value you find by 1 million and round to one decimal place, e.g., $4,264,742 = 4.3)

How much is the free cash flow of a firm with revenues of $8 million, operating margin of 32.5%, net margin of 18.5%, tax rate of 22.7%, and reinvestment rate of 20.3%? Answer in million dollars, rounded to one decimal place (Divide the dollar value you find by 1 million and round to one decimal place, e.g., $4,264,742 = 4.3)

Financial Management: Theory & Practice

16th Edition

ISBN:9781337909730

Author:Brigham

Publisher:Brigham

Chapter2: Financial Statements, Cash Flow,and Taxes

Section: Chapter Questions

Problem 9P: Carter Swimming Pools has $16 million in net operating profit after taxes (NOPAT) in the current...

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