Rich9509 Rich9509
  • 03-06-2023
  • Business
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Vasudevan Inc. recently reported an EBIT of $2.75 million, depreciation and amortization of $1.20 million, and had a tax rate of 30%. The firm's capital expenditures and change in net operating working capital totaled $0.6 million. How much was its free cash flow? a. $2.53M b. $2.29M c. $3.10M d. $4.09M e. $2.59M

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