Question
Harrisman Inc: Sales $24 M Variable Costs $5M Fixed Costs $10M Depreciation $3M Interest $2M Taxes $1M Net Income $3M From the Cash Flows from
Harrisman Inc:
| Sales | $24 M |
| Variable Costs | $5M |
| Fixed Costs | $10M |
| Depreciation | $3M |
| Interest | $2M |
| Taxes | $1M |
| Net Income | $3M |
| From the Cash Flows from Investment: Capital Expenditure = $2M |
| From the Cash Flow from Financing: Net change in Debt = -$ 0.5M |
| From the Cash Flow from Operations: Change in C.A. = $2M Change in C.L. = $0.5M |
| # Shares Outstanding = 500,000,000 |
What is the free cash flow to equity per share for Harrisman Inc.?
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Quantitative Analysis for Management
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Ha
12th edition
133507335, 978-0133507331
