How much is the free cash flow of a firm with revenues of $72 million, operating margin of 42.4%, net margin of 18%, tax rate of 17.6%, and reinvestment rate of 62.7%? Answer in million dollars, rounded to one decimal place (Divide the dollar value you find by 1 million and round to one decimal place, e.g., $4,264,742 = 4.3)
How much is the free cash flow of a firm with revenues of $72 million, operating margin of 42.4%, net margin of 18%, tax rate of 17.6%, and reinvestment rate of 62.7%? Answer in million dollars, rounded to one decimal place (Divide the dollar value you find by 1 million and round to one decimal place, e.g., $4,264,742 = 4.3)
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Transcribed Image Text:QUESTION 13
How much is the free cash flow of a firm with revenues of $72 million, operating margin of 42.4%, net margin of 18%, tax rate of 17.6%, and
reinvestment rate of 62.7%? Answer in million dollars, rounded to one decimal place (Divide the dollar value you find by 1 million and round to
one decimal place, e.g., $4,264,742 = 4.3)
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