Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Part I. Selected information (in U.S. $ millions) for Alphabet Inc. and Microsoft Corp. for their fiscal 2021 years follows: Instructions a. Calculate the free
Part I. Selected information (in U.S. $ millions) for Alphabet Inc. and Microsoft Corp. for their fiscal 2021 years follows:
Instructions
a. Calculate the free cash flow for each company. Which company has the better free cash flow?
b. Why do you think Microsoft paid dividends while Alphabet did not?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started