Hartzell Inc. had the following data for 2020, in millions: Netincome = $600; after-tax operating income [EBIT (1-T)] = $700; andTotal assets = $2,000. Information for 2021 is as follows: Netincome = $825; after-tax operating income [EBIT (1-T)] = $1,250;and Total assets = $2,410. Assume the firm had no excesscash. How much free cash flow did the firm generate during2021?
Group of answer choices
$750
$630
$698
$840
$848
Hartzell Inc. had the following data for 2020, in millions: Net income = $600; after-tax operating income [EBIT (1-T)] =
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answerhappygod
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