Cellular Access, Inc., a cellular telephone service provider reported net income of $254.3 million for...
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Cellular Access, Inc., a cellular telephone service provider reported net income of $254.3 million for the most recent fiscal year. The firm had depreciation expenses of $94.6 million, capital expenditures of $197.3 million, and no interest expenses. Net working capital increased by $9.1 million. Calculate the free cash flow for Cellular Access for the most recent fiscal year. ... The free cash flow is $ million (Round to one decimal place.)
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