Question
In 2021, Johnson Controls reported the following accounting items (in millions of dollars): Sales = $50 Cash Expenses = $30 Depreciation = $5 Interest Paid
In 2021, Johnson Controls reported the following accounting items (in millions of dollars):
Sales = $50
Cash Expenses = $30
Depreciation = $5
Interest Paid = $3
Taxes = $1
Dividends Paid = $3
Capital Expenditures = $8
What were the firm's Free Cash Flows in 2021?
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Financial Markets And Institutions An Introduction To Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett
3rd Edition
0073250937, 9780073250939
