Diebold Incorporated manufactures, markets, and services automated teller machines in the United States. The following are selected numbers from the financial statements for 2022
Diebold Incorporated manufactures, markets, and services automated teller machines in the United States. The following are selected numbers from the financial statements for 2022 and 2023 in millions: Revenues Operating Expenses. Depreciation Interest Expenses Taxes Working Capital 2022 Rs.544.0 Rs.465.1 Rs.12.5 Rs.0.0 Rs.25.3 Rs.175.0 H 2023 Rs.620.0 Rs.528.5 Rs.14.0 Rs.0.0 Rs.29.5 Rs.240.0 The firm had capital expenditures of Rs.15 million in 2022 and Rs. 18 million in 2023. The working capital in 2021 was Rs.180 million. Estimate the cash flows to equity in 2022 and 2023.
Step by Step Solution
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Step: 1
To estimate the cash flows to equity CFE in 2022 and 2023 we can use the following formula CFE Net ...
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Step: 2
Step: 3
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Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick
11th edition
978-0133251111, 013325111X, 0133251039, 978-0133251036
