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The following table shows an abbreviated income statement and balance sheet for McDonalds Corporate for 2012 In 2012 McDonalds had capital expenditures of $3 055 a Calculate McDonalds free cash

The following table shows an abbreviated income statement and balance sheet for McDonald's Corporate for 2012. In 2012 McDonald's had capital expenditures of $3, 055. a. Calculate McDonald's free cash flow in 2012. b. If McDonald's was financed entirely by equity, how much more tax would the company have paid? (Assume a tax rate of 35% on the revised pretax income.)
 

Apr 05 2020 View more View Less

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