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Selected Data Taken from the 2017 Financial Statements of Phillips

Question 26

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Selected data taken from the 2017 financial statements of Phillips Card Company, Inc. are as follows (in millions). Selected data taken from the 2017 financial statements of Phillips Card Company, Inc. are as follows (in millions).    Instructions Compute the free cash flow February 28, 2017; and briefly discuss your results.
Instructions
Compute the free cash flow February 28, 2017; and briefly discuss your results.

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Free cash flow = Cash provided by operat...

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