Multiple Choice
Lamm Corporation is expected have EBIT of $6.2M this year.Lamm Corporation is in the 40% tax bracket, will report $1.2M in depreciation, will make $1.4M in capital expenditures, and will have a $160,000 increase in net working capital this year.What is Lamm's FCFF?
A) 6,200,000
B) 6,160,000
C) 3,360,000
D) 3,680,000
Correct Answer:
Verified
Correct Answer:
Verified
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