5. Eagle Products' EBIT is $680, its tax rate is 30%, depreciation is $42, capital expenditures are $82, and the planned increase in net working capital is $48. What is the free cash flow to the firm?
5. Eagle Products' EBIT is $680, its tax rate is 30%, depreciation is $42, capital expenditures are $82, and the planned increase in net working capital is $48. What is the free cash flow to the firm?
Chapter2: Financial Statements, Cash Flow, And Taxes
Section2.8: Performance Evaluation
Problem 1ST
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Transcribed Image Text:5. Eagle Products' EBIT is $680, its tax rate is 30%, depreciation is $42, capital expenditures are
$82, and the planned increase in net working capital is $48. What is the free cash flow to the firm?
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