Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Adv. Corp Finance 8. Apple Inc. (AAPL) has an cash flow from operating activities of $81,266 millions, capital expenditures of $11,247 millions, net income of

image text in transcribedAdv. Corp Finance
8. Apple Inc. (AAPL) has an cash flow from operating activities of $81,266 millions, capital expenditures of $11,247 millions, net income of $53,394 millions and net borrowing of $29,305 millions in year 2015 (Source: http://finance.yahoo.com/q/cf?s AAPL+Cash+Flow& annual). In the same year, Apple paid $10,561 millions in dividend and repurchased $35,253 millions of its common shares. a What is Apple's FCFE in year 2015? b.How much did the firm pay out in year 2015? c. What is the Dividend coverage ratio in year 2015 d. What is the FCFE coverage ratio in year 2015 92 Words English (US)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Small Brewery Finance

Authors: Maria Pearman

1st Edition

1938469526, 978-1938469527

More Books

Students also viewed these Finance questions

Question

What is third-party logistics? Give an example.

Answered: 1 week ago