BA 443 Midterm Formula Sheet - Oregon State University
Revenue - COGS = Gross Margin - S, G &A - Depreciation = EBIT - EBIT x t (t is the effective tax rate) = EBIAT + Depreciation - Increase in Working Capital (WC = A/R + Inv. – A/P) - Capex = FCF to the Firm Example: Problem Set #4, Q4. ................
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