Question
Below are summary numbers for 2020 and 2021 for S-Mart Ltd. (in million dollars). < 2 Operating assets Cash equivalent Operating liabilities Long-term debt
Below are summary numbers for 2020 and 2021 for S-Mart Ltd. (in million dollars). < 2 Operating assets Cash equivalent Operating liabilities Long-term debt financing Operating income (after tax) < Net financial expense (after tax) < ( 2020 17,000 < 400 3,880 4,374 2021 < 19,000 510 4,050 5,496 2,200 690 2 Calculate S-Mart's free cash flow in 2021 using both Method 1 and Method 2. < (Hint: Method 1 focuses on the source of free cash flow; Method 2 focuses on the disposition of free cash flow.)
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Financial statements
Authors: Stephen Barrad
5th Edition
978-007802531, 9780324186383, 032418638X
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