Question
10. Free cash flow to equity (FCFE) is calculated as a) Net Income + Depreciation Expense Capital Expenditures Change in Working Capital Principal Debt Repayments
10.
Free cash flow to equity (FCFE) is calculated as
a) Net Income + Depreciation Expense Capital Expenditures Change in
Working Capital Principal Debt Repayments + New Debt Issues.
b) EBIT (1 T) + Depreciation Expense Capital Expenditures Change
in Working Capital Change in Other Assets.
c) Net Income + Depreciation Expense Capital Expenditures + Change
in Working Capital Principal Debt Repayments - New Debt Issues.
d) Net Income - Depreciation Expense + Capital Expenditures Change in
Working Capital Principal Debt Repayments + New Debt Issues.
e) EBIT (1 T) + Depreciation Expense + Capital Expenditures + Change
in Working Capital Change in Other Assets.
Operating Free cash flow (FCFF) is calculated as
a) Net Income + Depreciation Expense Capital Expenditures Change in
Working Capital Principal Debt Repayments + New Debt Issues.
b) EBIT (1 T) + Depreciation Expense Capital Expenditures Change
in Working Capital Change in Other Assets.
c) Net Income + Depreciation Expense Capital Expenditures + Change in
Working Capital Principal Debt Repayments - New Debt Issues.
d) Net Income - Depreciation Expense + Capital Expenditures Change in
Working Capital Principal Debt Repayments + New Debt Issues.
e) EBIT (1 T) + Depreciation Expense + Capital Expenditures + Change
in Working Capital Change in Other Assets.
11.
a) Net Income + Depreciation Expense Capital Expenditures Change in
Working Capital Principal Debt Repayments + New Debt Issues.
b) EBIT (1 T) + Depreciation Expense Capital Expenditures Change
in Working Capital Change in Other Assets.
c) Net Income + Depreciation Expense Capital Expenditures + Change in
Working Capital Principal Debt Repayments - New Debt Issues.
d) Net Income - Depreciation Expense + Capital Expenditures Change in
Working Capital Principal Debt Repayments + New Debt Issues.
e) EBIT (1 T) + Depreciation Expense + Capital Expenditures + Change
in Working Capital Change in Other Assets.
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University Finances Accounting And Budgeting Principles For Higher Education
Authors: Dean O. Smith
1st Edition
1421427257, 978-1421427256
