Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I have to calculate the free cash flow for under Armour: The formula is Operating cash flow - Capital expenditure. Year 2016 2015 2014 Net

I have to calculate the free cash flow for under Armour:

The formula is Operating cash flow - Capital expenditure.

Year 2016 2015 2014

Net Cash provided by (used in ) operating activities 304,487 (44,104) 219,033

-316458 -298928 -140528

Purchase of property and equipment -70288

Purchase of property and equipment from related parties 0 -539460 -10924

Purchase of business, net of cash acquires -24230 -103144

Purchase of available for sale securites 30712 96610

Purchase of other assets -875 -2553 -860

Net cash used for investing -381139 -874475 -152312

Should I take the net cash (cash Flow) 304487 - 381139 (net cash used for investing) = -76652 or

304487 - (386746) = -82259.

Can you help me figure it out what is the correct number to used

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction To Management Accounting A User Perspective

Authors: Michael L Werner, Kumen H Jones

2nd Edition

0130327506, 9780130327505

More Books

Students also viewed these Accounting questions

Question

Why is it important to study consumer fraud?

Answered: 1 week ago

Question

How easy the information is to remember

Answered: 1 week ago

Question

The personal characteristics of the sender

Answered: 1 week ago