Question
Below are the summary numbers for 2019 and 2020 for Super Mart Ltd (in million dollars) 2019 2020 Operating assets 18,057.0 16,796.2 Operating liabilities 6,011.8
Below are the summary numbers for 2019 and 2020 for Super Mart Ltd (in million dollars)
2019 | 2020 | |
Operating assets | 18,057.0 | 16,796.2 |
Operating liabilities | 6,011.8 | 5,927.2 |
Financial assets | 382.7 | 270.8 |
Financial liabilities | 6,496.4 | 4,395.4 |
Operating income (after tax) | 2,740.1 | |
Net financial expense (after tax) | 147.1 |
Required:
Calculate Super’s free cash flow in 2019 using Method 1 focuses on the source of free cash flow.
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Business Analytics And Statistics
Authors: Ken Black, John Asafu Adjaye, Paul Burke, Nelson Perera, Carl Sherwood, Saleh A. Wasimi
1st Edition
0-730-35543-4, 978-0730363330
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