Question
In 2016, the spreadsheet shows McDonalds free cash flow to equity (FCFE) of $7.468 billion. During the same year, the company paid its shareholders $13.930
In 2016, the spreadsheet shows McDonalds free cash flow to equity (FCFE) of $7.468 billion. During the same year, the company paid its shareholders $13.930 billion (combination of dividends and share repurchases). Which answer below best accounts for the disparity between FCFE and cash flow paid to shareholders?
options: Net investment
Net debt issued
Change in cash
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Fundamentals Of Healthcare Finance
Authors: Louis C. Gapenski
2nd Edition
1567934757, 978-1567934755
