From the following information on the income statement and the
balance sheet, what is free cash flow to the firm
(FCFF) in 2019?
Assume that the tax rate is 0.3.
Income Statement
Items
2018
2019
Revenue
2,532
3,055
Cost of goods sold
1,014
1,296
SG&A expense
309
360
Depreciation
405
505
Interest expense
103
158
Balance Sheet
two decimals, round up
From the following information on the income statement and the balance sheet, what is free cash flow to the firm (FCFF)
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