This year, FCF Inc. has earnings before interest and taxes of $10,420,000 depreciation expenses of $1,000,000, capital expenditures of $1,300,000, and has increased its net working capital by $425,000. If its tax rate is 25%, what is its free cash flow? Question content area bottom Part 1 The company's free cash flow is $XXXenter your response here. (Round to two decimal places.)
This year, FCF Inc. has earnings before interest and taxes of $10,420,000 depreciation expenses of $1,000,000, capital expenditures of $1,300,000, and has increased its net working capital by $425,000. If its tax rate is 25%, what is its free cash flow? Question content area bottom Part 1 The company's free cash flow is $XXXenter your response here. (Round to two decimal places.)
Chapter4: Financial Planning And Forecasting
Section: Chapter Questions
Problem 1P
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This year, FCF Inc. has earnings before interest and taxes of $10,420,000
$1,000,000, capital expenditures of $1,300,000, and has increased its net working capital by $425,000.
If its tax rate is 25%, what is its free cash flow?
Question content area bottom
Part 1
The company's free cash flow is $XXXenter your response here.
(Round to two decimal places.)
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