Laughlin’s Locks (LLL), Inc. has the following financial est…
Laughlin’s Locks (LLL), Inc. has the following financial estimates. Calculate the free cashflow for LLL. ($ in millions) Sales $920 Depreciation & Amortization % of sales 5% EBITDA Margin 15% Increase/(decrease) in Net Working Capital 13 Capital Expenditures % of sales 2.5% Tax Rate 25%
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