Question
Below are data from the financial statements of Sand and Glass Audio: Net income $ 900 Common stock issued (net) 200 Cash from operations (net)
Below are data from the financial statements of Sand and Glass Audio:
| Net income | $ 900 |
| Common stock issued (net) | 200 |
| Cash from operations (net) | 1,150 |
| Cash from investing (net) | (400) |
| Change in debt (net) | (475) |
| Dividends paid | 300 |
| Change in operating cash (net) | 175 |
| Change in common equity (net) | 800 |
Compute the company’s free cash flow to equity using one of the three different methods. (Each method should yield the same answer.)
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
8th Edition
1285190904, 978-1305176348, 1305176340, 978-1285190907
