Cellular Access Inc., is a cellular telephone service provider that
reported net operating profit after tax (NOPAT) of $ 246
$246 million for the most recent fiscal year. The firm had depreciation expenses of $ 103
$103 million, capital expenditures of $ 162
$162 million, and no interest expenses. Working capital increased by $ 14
$14 million. Calculate the free cash flow for Cellular Access for the most recent fiscal year.
How much is the free cash flow?
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