E17.1. Following the Trail: Identifying Hard and Soft Components of Income (Easy) firm reported after-tax operating income
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E17.1. Following the Trail: Identifying Hard and Soft Components of Income (Easy) firm reported after-tax operating income of $1,298 million. Free cash flow of $234 mil- Fon was calcuated from the cash flow statement, A
a. Identify the "hard" and "soft" components of the income.
b. The free cash flow is after $687 million in cash investments. What were the operating accruals for the year?
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Related Book For
Financial Statement Analysis And Security Valuation
ISBN: 9780071267809
4th International Edition
Authors: Penman-Stephen-H, Steven Penman
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