Multiple Choice
Rome Corporation is expected have EBIT of $2.3M this year.Rome Corporation is in the 30% tax bracket, will report $175,000 in depreciation, will make $175,000 in capital expenditures, and will have no change in net working capital this year.What is Rome's FCFF?
A) 2,300,000
B) 1,785,000
C) 1,960,000
D) 1,610,000
Correct Answer:
Verified
Correct Answer:
Verified
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