question archive The Random Corporation is expected to have EBIT of $800,000 this year
The Random Corporation is expected to have EBIT of $800,000 this year
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The Random Corporation is expected to have EBIT of $800,000 this year. Random's tax rate is about 30%, and will report $70,000 in depreciation, will make $86,000 in capital expenditures, and have a $16,000 increase in net working capital this year. Net debt increased by 12,000. What is Random's free cash flow to the firm for the year?
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