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
E) 1,435,000
Correct Answer:
Verified
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