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Business, 19.11.2019 03:31 Derrick253

Lauryn’s doll co. had ebit last year of $56 million, which is net of a depreciation expense of $5.6 million. in addition, lauryn’s made $5.3 million in capital expenditures and increased net working capital by $2.7 million. assume that lauryn’s has a reported equity beta of 1.7, a debt-to-equity ratio of 0.4, and a tax rate of 30 percent. what is lauryn’s fcf for the year?

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