A firm reports that in a certain year it had revenues of $4.5 million, costs...
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Finance
A firm reports that in a certain year it had revenues of $4.5 million, costs of $1.2 million, a capital cost allowance (CCA) deduction of $2.8 million, capital expenditures of $2.3 million, and net working capital decreased by $1.5 million. If the firm's marginal corporate tax rate is 30%, what is the firm's free cash flow for that year?
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