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A listed company has an issued shared capital of 3 million shares at a current price of R5,00 per share. A dividend of R0,85 cents
A listed company has an issued shared capital of 3 million shares at a current price of R5,00 per share. A dividend of R0,85 cents per share was declared at the most recent financial year-end. The company has spent R7 million in replacing assets damaged in civil unrest and has announced a Free Cash flow amount of R4 million. Your CEO has requested you to advise her as to what the actual Operating Cash flow was based on the information provided above
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