You have a pro forma estimate for EBIT next year equal to $625,000. The corporate tax rate is 21% and your depreciation expense is $84,000. You forecast a decrease in net working captial of $40,000 over the year and capital expenditures of $130,000. What is the estimate free cash flow for the firm

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Post test question number 9 for entering the job market

Omnidata uses the annualized income method to determine its quarterly federal income tax payments. it had $100,000, $50,000, and $90,000 of taxable income for the first, second, and third quarters, respectively ($240,000 in total through the first three quarters). what is omnidata's annual estimated taxable income for purposes of calculating the third quarter estimated payment?