Cellular access inc is a cellular telephone service, Ask an Expert

Finance

Cellular Access Inc., is a cellular telephone service provider that reported net operating profit after tax (NOPAT) of $246 million for the most recent fiscal year. The firm had depreciation expenses of $ 104 million, capital expenditures of $ 221 million, and no interest expenses. Working capital increased by $ 10 million. Calculate the free cash flow for Cellular Access for the most recent fiscal year.

The free cash flow is $___million. ? (Round to the nearest integer.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92845572

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