Estimate the fcfe for the most recent year

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Roomba is a manufacturer of vacuum cleaners and you have estimated a FCFF of $50 million for firm for the most recent year. Roomba's total debt decreased from $100 to $85 million during the course of the year and it reported interest expense of $10 million for the year. If Roomba's tax rate is 30%, estimate the FCFE for the most recent year.

Reference no: EM132441054

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