Calculate the free cash flow for cellular access

Reference no: EM133616092

Problem: Cellular Access, Inc. is a cellular telephone service provider that reported net income of $251 million for the most recent fiscal year. The firm had depreciation expenses of $119 million, capital expenditures of $151 million, and no interest expenses. Working capital increased by $13 million. Calculate the free cash flow for Cellular Access for the most recent fiscal year.

Reference no: EM133616092

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