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Evaluate a French subsidiary's Free Cash Flow in Year 1, using the following information:
EBIT = 200,000 Euros
US Corporate income tax rate = 30% French Corporate income tax rate = 40% Year 1 depreciation = 25,000 Euros Year 0 Net Working Capital = 50,000 Euros Year 1 Net Working Capital = 70,000 Euros
Do not type in commas or currency unit or % when answering.
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