What is free cash flow to the firm

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A firm has EBIT of $5 per share and depreciation per share of $1.3. Its tax rate is 24.8%. They have spent $1.52 per share on new capital projects (CAPEX), and they also spent $1.08 on net investment in new inventory. What is their free cash flow to the firm (FCFF)?

Reference no: EM133062572

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