England Enterprises recently reported operating income of $5.75 million, depreciation of $1.6 million, and had a tax rate of 40%. The firm's expenditures on fixed assets and net operating working capital totaled $1.25 million. How much was its free cash flow, in millions?
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Home » Business » England Enterprises recently reported operating income of $5.75 million, depreciation of $1.6 million, and had a tax rate of 40%. The firm's expenditures on fixed assets and net operating working capital totaled $1.25 million.