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The Free Cash Flow to Equity is computed as $762,000. In our computation depreciation and interest were $50,000 and $40,

Posted: Wed May 18, 2022 11:19 pm
by answerhappygod
The Free Cash Flow to Equity is computed as $762,000. In our
computation depreciation and interest were $50,000 and $40,000
respectively. Additional working capital and capital expenditures
were $50,000 and $60,000 respectively. The EBIT should be closer
to: a. $800,000 b. Less than $800,000 c. More than $800,000 d. 60%
of sales e. Cannot be computed