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please answer completely and correctly all questions thanks! Accounting for Financial Management Graded Assignment Due Thursday 0921.17 at 09:00 PM Attempts: 01 Keop the Highest:
please answer completely and correctly all questions thanks!
Accounting for Financial Management Graded Assignment Due Thursday 0921.17 at 09:00 PM Attempts: 01 Keop the Highest: 1/2 12. Net cash flow Aa Aa How much cash does the firm actually have? You are the CFO of ABC Corp. You are looking to hire a financial analyst, and you've given an assignment to two short-listed candidates. You've given the following information to the job applicants The company reported net sales of $1,875 million. Assume that there were no noncash sales . Operating costs Cexcluding depreoation and amortization) were 65% of the company's total revenues Depreciation and amortization charges were 5% of total sales. Interest charges were 15% of earnings before interest and taxes (EBIT) with a tax rate of 40%. " You've asked the candidates to give you a number that best represents the cash flow situation of the company Arty submits a report stating that the million in cash. firm has $287 Finn submits a report stating that the firm has $381 million in cash available Based on the information given to them, which applicant has provided a better estimate of the company's current cash flows? Check all that apply Arty Finn Grade II NowStep by Step Solution
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