Raedebe Technology: Sales $70 million EBITDA $20 million Depreciation $ 7 million Amortization $ 0 The company's tax rate is 40%. The company does not expect any changes in its net operating working capital.

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asked May 3, 2020 116k views

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Raedebe Technology: Sales $70 million EBITDA $20 million Depreciation $ 7 million Amortization $ 0 The company's tax rate is 40%. The company does not expect any changes in its net operating working capital. This year the company's planned gross capital expenditures will total $12 million. What is the company's forecasted free cash flow for the year?