Consider a company with earnings before interest and taxes EBIT of 493 000 tax rate of 14 depreciation and amortization expenses

Question

Consider a company with earnings before interest and taxes EBIT of 493 000 tax rate of 14 depreciation and amortization expenses of 66 000 capital expenditures of 74 000 acquisition expenses of 36 000 and change in working capital of 37 000 How much is it free cash flow during that period Round to the nearest cent Hint Here each item needed to calculate FCFF is given individually So we need to use Equation 4 7 Check out Example 4 4

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