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Calculating Free Cash Flow Below are data from the financial statements of Sand and Glass Audio: Net income $ 800 Common stock issued (net) 100
Calculating Free Cash Flow Below are data from the financial statements of Sand and Glass Audio:
Net income $ 800
Common stock issued (net) 100
Cash from operations (net) 1,450
Cash from investing (net) (400)
Change in debt (net) (475)
Dividends paid 500
Change in operating cash (net) 175
Change in common equity (net) 400
Compute the companys free cash flow to equity using one of the three different methods. (Each method should yield the same answer.)
Free cash flow to equity=$???
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