Given the following data for Year-1: Profit after taxes = $5 million; Depreciation = $2 million; Investment in fixed assets = $4 million; Investment net working capital = $1 million. Calculate the free cash flow (FCF) for Year-1:
A) $7 million
B) $3 million
C) $11 million
D) $2 million
Correct Answer:
Verified
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