Question
Houston, Inc. The following information pertains to Houston, Inc. a manufacturer of belt buckles: (dollar amounts in thousands) 2012 2013 2014 2015 2016 2017 Net
Houston, Inc.
The following information pertains to Houston, Inc. a manufacturer of belt buckles:
(dollar amounts in thousands)
2012
2013
2014
2015
2016
2017
Net Cash Flow from Operations
564
628
854
1059
1345
1655
Interest Expense after tax
122
134
148
145
155
148
Decrease (Increase) in Cash Required for Operations
-75
-54
-48
-32
-61
-48
Net Cash Flow from Investing
-287
-300
-310
-285
-294
-277
Net Cash from Debt Financing
210
204
140
85
-40
-46
Present Value Factors for 8.5%
0.922
0.849
0.783
0.722
0.665
What is Houston's free cash flow for all debt and equity holders for year 2012?
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Essentials of Managerial Finance
Authors: Scott Besley, Eugene F. Brigham
14th edition
324422709, 324422702, 978-0324422702
