Question

20 5 points Compute the company Marin, Incs after-tax cashflow from assets (FCFF) for the year 2017 if the EBIT, depreciatio
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Answer #1

Answer:

Correct answer is:

60 million

Explanation:

FCFF = EBIT * (1 - Tax rate) + Depreciation - Increase in net working capital - Capital expenditure

= 120 * (1 - 30%) + 2 - 5 - 21

= $60 million

Option A is correct and other options B, C, D and E are incorrect.

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