Question
Computing Free Cash Flows to the Firm (FCFF) Use the following data to compute free cash flows to the firm for Intel Corporation for 2016
Computing Free Cash Flows to the Firm (FCFF)
Use the following data to compute free cash flows to the firm for Intel Corporation for 2016 through the terminal period.
| Reported | Horizon Period | Terminal | |||||
|---|---|---|---|---|---|---|---|
| $ millions | 2015 | 2016 | 2017 | 2018 | 2019 | Period | |
| Sales | $ 55,355 | $ 61,444 | $ 67,588 | $ 73,660 | $ 78,851 | $ 80,400 | |
| NOPAT | 11,843 | 14,073 | 14,748 | 16,024 | 16,325 | 15,831 | |
| NOA | 51,488 | 57,157 | 62,873 | 68,521 | 72,674 | 74,101 | |
| 2016 | 2017 | 2018 | 2019 | Terminal Period | |
|---|---|---|---|---|---|
| Free cash flows to the firm | Answer | Answer | Answer | Answer | Answer |
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The Essentials Of Machine Learning In Finance And Accounting
Authors: Mohammad Zoynul Abedin, M. Kabir Hassan, Petr Hajek, Mohammed Mohi Uddin
1st Edition
0367480816, 978-0367480813
