Madura Inc.wants to increase its free cash flow by $180 million during the coming year,which should result in a higher EVA and stock price.The CFO has made these projections for the upcoming year:
What increase in net operating working capital (in millions of dollars) would enable the firm to meet its target increase in FCF?
A) $107
B) $90
C) $92
D) $108
E) $75
Correct Answer:
Verified
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