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Bates Motors has the following information for the previous year: net income = $200; net operating profit after taxes (NOPAT) = $300; Total assets = $1,000 and total net operating capital = $800. The information for the current year is: net income =$500; net operating profit after taxes (NOPAT) = $600; Total assets = $1300; and total net operating capital = $900. What is the free cash flow for the current year?

Financial Management, Finance

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