Nova Edge Ltd. is being analysed as a potential acquisition. The estimates for next year are as follows: • Net income = $275 million • . . Depreciation = $150 million Net interest after tax = $90 million Change in deferred taxes = +$10 million CAPEX = $220 million Change in net working capital = +$35 million What is Nova Edge's estimated free cash flow?

Nova Edge Ltd. is being analysed as a potential acquisition. The estimates for next year are as follows: • Net income = $275 million • . . Depreciation = $150 million Net interest after tax = $90 million Change in deferred taxes = +$10 million CAPEX = $220 million Change in net working capital = +$35 million What is Nova Edge's estimated free cash flow?

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter6: Accounting For Financial Management

Section: Chapter Questions

Problem 11P: The Berndt Corporation expects to have sales of 12 million. Costs other than depreciation are...

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