Investment in operating capital and free cash flow

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You are considering an investment in Cruise, Inc. and want to evaluate the firm's free cash flow. From the income statement, you see that Cruise earned an EBIT of $204 million, paid taxes of $39 million, and its depreciation expense was $63 million. Cruise's gross fixed assets increased by $82 million from 2007 to 2008. The firm's current assets decreased by $22 million and spontaneous current liabilities increased by $7.2 million. What is Cruise's operating cash flow, investment in operating capital and free cash flow for 2008, respectively in millions?

Reference no: EM131880166

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