Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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QUESTION:76 Eagle Products EBIT is $400, its tax rate is 30%, depreciation is $16, capital expenditures are $56, and the planned increase in net working capital is $25. What is the free cash flow to the firm?
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Transcribed Image Text:QUESTION:76 Eagle Products EBIT is $400, its tax rate is 30%, depreciation is $16, capital expenditures are $56, and the planned increase in net working capital is $25. What is the free cash flow to the firm?
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