Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Calculate the operating cash flow and free cash flow for Facebook, Inc. for the fiscal year ending December 31, 20X3. Use the following information: Net

Calculate the operating cash flow and free cash flow for Facebook, Inc. for the fiscal year ending December 31, 20X3. Use the following information:

  • Net income: $1,000,000
  • Depreciation and amortization: $200,000
  • Changes in working capital: Increase in accounts receivable: $50,000, Increase in inventory: $30,000, Increase in accounts payable: $20,000
  • Capital expenditures: $300,000

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

Intermediate Accounting Reporting and Analysis

Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach

2nd edition

9781305727557, 1285453824, 9781337116619, 130572755X, 978-1285453828

More Books

Students also viewed these Accounting questions