3-5 NET INCOME AND CASH FLOW 14 Last year Rattner Robotics had the following financials (in $ millions): Operating income (EBIT) $5 Depreciation Interest Tax rate 40% Current assets (year end) Accounts payable Accruals Net plant and equipment Depreciation is only non cash item $ millions a. What was the company's net income? EBIT Interest EBT Taxes Net Income b. What was its net operating working capital (NOWC)? Current assets Payables Accruals NOWC d. Plant and equipment – prior year NOWC has remained constant over time. What is the company's free cash flow (FCF) for the year that just ended?

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