Business, 13.09.2021 20:40 cxttiemsp021
Vasudevan inc. Recently reported operating income of $2. 3 million, depreciation of $1. 20 million, and had a tax rate of 25%. The firm's expenditures on fixed assets and net operating working capital totaled $0. 60 million. How much was its free cash flow, in millions?
a. $3.17
b. $2.68
c. $3.48
d. $3.38
e. $4.28
Answers: 1
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Vasudevan inc. Recently reported operating income of $2. 3 million, depreciation of $1. 20 million,...
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