Question
Create statement of cash flow of Renata company using the Direct Method for the FY ended in 2018. Your statement must include all 3 parts
Create statement of cash flow of Renata company using the Direct Method for the FY ended in 2018. Your statement must include all 3 parts (CFO, CFI and CFF). CFI and CFF must be based on the way we followed in our slide (the CFA convention). Then calculate the FCFE of 2018.
use The information from https://renata-ltd.com/wp-content/uploads/2019/11/Annual-Report-2018-19.pdf
Use the formula FCFE = CFO -FCInv+ net borrowing
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Bond Markets Analysis and Strategies
Authors: Frank J.Fabozzi
9th edition
133796779, 978-0133796773
