How much is the free cash flow of a firm with revenues of $86 million, operating margin of 36.2%, net margin of 15.2%, tax rate of 22.2%, and reinvestment rate of 61.3%? 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 $86 million, operating margin of 36.2%, net margin of 15.2%, tax rate of 22.2%, and reinvestment rate of 61.3%? 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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Question 13
![QUESTION 13
How much is the free cash flow of a firm with revenues of $86 million, operating margin of 36.2%, net margin of 15.2%,
tax rate of 22.2%, and reinvestment rate of 61.3%? 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)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F25649c14-b386-47ed-938b-e4adf79b8155%2F229bd088-bb42-466d-8804-fcfa456142c9%2F7esxr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:QUESTION 13
How much is the free cash flow of a firm with revenues of $86 million, operating margin of 36.2%, net margin of 15.2%,
tax rate of 22.2%, and reinvestment rate of 61.3%? 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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