Question
JP Inc. had the following information expressed in millions of $: 2011 2012 Net Fixed Assets 2,000 2,500 After Tax Operating Income 700 925 Net
JP Inc. had the following information expressed in millions of $:
| 2011 | 2012 | |
| Net Fixed Assets | 2,000 | 2,500 |
| After Tax Operating Income | 700 | 925 |
| Net Income | 600 | 825 |
Calculate the free cash flow to the firm (FCFF) for the year 2012. If some information is not given to you, assume it to be 0. For example Depreciation is not given to you, this can be safely assumed 0.
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Finance And Economics Discussion Series Transaction Costs And Consumption
Authors: United States Federal Reserve Board, Geng Li
1st Edition
1288708548, 9781288708543
