What is bitsincoin free cash flow

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Problem 1: During 2019, Bitsincoins Corporation had an EBIT of $100,000, a change in net fixed assets of $400,000, an increase in net current assets of $100,000, an increase in spontaneous current liabilities of $400,000, a depreciation expense of $50,000, and a tax rate of 30%. Based on this information, what is Bitsincoin's free cash flow?

Reference no: EM133006488

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