Question
Determine the Free Cash Flow (FCF) for Meta Platforms, Inc. for the fiscal year ended December 31, 2023. The company's operating cash flow was $1,000,000,
Determine the Free Cash Flow (FCF) for Meta Platforms, Inc. for the fiscal year ended December 31, 2023. The company's operating cash flow was $1,000,000, capital expenditures were $500,000, and dividends paid to shareholders were $200,000. Use the formula: FCF = Operating Cash Flow - Capital Expenditures - Dividends Paid.
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Advanced Accounting
Authors: Paul M. Fischer, William J. Tayler, Rita H. Cheng
11th edition
538480289, 978-0538480284
