The following table shows an abbreviated income statement and balance sheet for Quick Burger Corporation for 2019. In 20

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answerhappygod
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The following table shows an abbreviated income statement and balance sheet for Quick Burger Corporation for 2019. In 20

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The following table shows an abbreviated income statement and
balance sheet for Quick Burger Corporation for 2019.
In 2019 Quick Burger had capital expenditures of $3,049.
a. Calculate Quick Burger’s free cash flow
in 2019. (Enter your answer in millions.)
b. If Quick Burger was financed entirely
by equity, how much more tax would the company have
paid? (Assume a tax rate of 21%.) (Do not round
intermediate calculations. Enter your answer in millions rounded to
2 decimal places)
c. What would the company’s free cash flow
have been if it was all-equity financed? (Enter your
answer in millions.)
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