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Condensed versions of the 2019 and 2020 Balance Sheet and Income Statement for a company which pays no tax are presented below. Condensed versions of
Condensed versions of the 2019 and 2020 Balance Sheet and Income Statement for a company which pays no tax are presented below.
Condensed versions of the 2019 and 2020 Balance Sheet and Income Statement for a company which pays no tax are presented below. Balance Sheet 2019 2020 2019 2020 232 58 35 Operating Assets (OA) Financial Assets (FA) 246 10 12 Operating Liabilities (OL) Financial Obligations (FO) Total Liabilities 135 193 141 176 Total Assets 244 256 Shareholders' Equity 51 80 Income Statement 2019 2020 496 506 Operating Revenue Operating Expenses Operating Income (250) 246 (320) 186 3 Financial Revenue Financial Expenses Net Financial Expenses 2 (14) (12) (16) (13) Comprehensive Income 234 173 Based on this information, what is company's free cash flow (FCF) for 2020? O 1. 149 02. 186 3. 223 04.37Step by Step Solution
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