Cheshme Inc. recently reported operating income of $120,000,000, depreciation of $20,000,000, and had a tax...
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Cheshme Inc. recently reported operating income of $120,000,000, depreciation of $20,000,000, and had a tax rate of 20%. The firm's expenditures on fixed assets (Capex) and net operating working capital ( NOWC) totaled $5,000,000. How much was its free cash flow?
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