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Calculate the free cash flow for cellular access

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Reference no: EM131795308

Cellular Access Inc. is a cellular telephone service provider that reported net operating profit after tax (NOPAT) of $245 million for the most recent fiscal year. The firm had depreciation expenses of $122 million, capital expenditures of $201 million, and no interest expenses. Working capital increased by $11 million.

Question: Calculate the free cash flow for Cellular Access for the most recent fiscal year. The free cash flow is closest to ($ million):

A. 155 B. 166 C. 44 D. 99 

Reference no: EM131795308

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