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Question 8 (5 points) Vasudevan Inc. recently reported operating income of $4 million, a tax...

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Question 8 (5 points) Vasudevan Inc. recently reported operating income of $4 million, a tax rate of 40%, and depreciation of $1.2 million. The total of the firm's capital expenditure and the change in NOWC is $0.8 million. How much was its free cash flow (FCF), in millions? O A) 2.6 OB) 2.7 OC) 2.9 OD) 3.1 E) 2.8 Previous Page Next Page Page 8 of 20

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