What is the FCFF of a firm with revenues of $386 million, operating profit margin of 31%, tax rate of 34%, depreciation
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What is the FCFF of a firm with revenues of $386 million, operating profit margin of 31%, tax rate of 34%, depreciation
What is the FCFF of a firm with revenues of $386 million,operating profit margin of 31%, tax rate of 34%, depreciation andamortization expense of $21 million, capital expenditures of $39million, acquisition expenses of $5 million and change in networking capital of $19 million? Answer in millions, rounded to onedecimal place (e.g., $245,684,235 = 245.7). (Assume non-operatingincome and expenses are zero, so that EBIT = Operatingincome.)