During 2006 nico corporation had ebit of 100000 a change in, Ask an Expert

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During 2006, NICO Corporation had EBIT of $100,000, a change in net fixed assets of $400,000, an increase in net current assets of $100,000, an increase in spontaneous current liabilities of $400,000, a depreciation expense of $50,000, and a tax rate of 30%. Based on this information, compute NICO's free cash flow?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9404794

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