Question
Sales Costs Other Expenses Depreciation EBIT Interest Taxable Income Taxes Net Income Dividends Retained Earnings $250,000 $120,000 $20,000 $15,000 $95.000 $29,000 S66,000 S23,100 $42.900 $12.870
Sales Costs Other Expenses Depreciation EBIT Interest Taxable Income Taxes Net Income Dividends Retained Earnings $250,000 $120,000 $20,000 $15,000 $95.000 $29,000 S66,000 S23,100 $42.900 $12.870 $30,030 XYZ's most recent year-end income statement is reported above. Given that XYZ issued 52,900 in new equity during the year and $4,000 in corporate bonds. What is the free cash flow (cash flow from assets) for the year?
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Fundamentals Of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
13th Edition
1265553602, 978-1265553609
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