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RadioShack Corporation is a consumer electronics retailer. Recently, the company declared bankruptcy to provide financial protection while attempting to reorganize its operations. Annual report information
RadioShack Corporation is a consumer electronics retailer. Recently, the company declared bankruptcy to provide financial protection while attempting to reorganize its operations. Annual report information for the three most recent years prior to the bankruptcy are as follows (in millions):
What are the correct values? I've tried negative signs for part a, it was also wrong.
RadioSnack Corporation is a consumer electronics retailer. Recently, the company dedared bankruptcy to provide financial protection while attempting to reorganize its operations. Annual report information for the three most recent years priar to the bankruptcy are as follows in millions): Year 3 Year 2 Year 1 2Cash flows from operating activities 36.00 (43.00) (68.00) ,831.00 $21800 82.00) 4,032.00 ash used to purchase property,plant, and equipment 42.00 Sales a. Determing the fr b Delermine the ratio of free cash ow to sales Round percentages to one decimal place . Did the free cash indicate financial atresa? Explain For hose boxes in which you must enter subtractve or negative numbers use e minus sign ee cah flow." now intormation Questions a. Determine the free cash flow. For those boxes in which you must enter subtractive or negative numbers use a minus sign. Year 3 Year 2 Year 1 Free cash flow $136.00 $111.00 $6.00 X Points: 1/3 b. Determine the ratio of free cash flow to sales. Round percentages to one decimal place. For those boxes in which you must enter subtractive or negative numbers use a minus sign Year 3 Year 2 Year 1 Ratio of free cash flow to sales 34 X % -2.91V% -01X% Points: 1/3Step by Step Solution
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