E10.6. Applying Cash Flow Relations (Easy) A firm reported free cash flow of $430 million and operating

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E10.6. Applying Cash Flow Relations (Easy) A firm reported free cash flow of $430 million and operating income of $390 million.

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?

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Financial Statement Analysis And Security Valuation

ISBN: 9780071267809

4th International Edition

Authors: Penman-Stephen-H, Steven Penman

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Question Posted: Jul 22, 2024 12:01 PM

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E10.6. Applying Cash Flow Relations (Easy) A firm reported free cash flow of $430 million and operating

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Financial Statement Analysis And Security Valuation

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