A firm reported free cash flow of $430 million and operating income of $390 million. (a) By
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(a) By how much did its net operating assets change during the period?
(b) The firm invested $29 million cash in new operating assets during the period. What were its operating accruals?
(c) The firm incurred net financial expenses of $43 million after tax, paid a dividend of $20 million, and raised $33 million from share issues. What was the change in its net debt position during the period?
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their... Free Cash Flow
Free cash flow (FCF) represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Unlike earnings or net income, free cash flow is a measure of profitability that excludes the...
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