Given are the following data for year 1: Profit after taxes = P5 million; Depreciation...
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Finance
Given are the following data for year 1: Profit after taxes = P5 million; Depreciation = P2 million; Investment in fixed assets = P4 million; Investment net working capital = P1 million. Calculate the free cash flow (FCF) for year 1.
Group of answer choices
A.$2 million
B.$11 million
C.$7 million
D.$3 million
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