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Shinra Electric Power Company has the following Income statement and balance sheet for 1988 . The firm paid out 50% of it's Net Income as
Shinra Electric Power Company has the following Income statement and balance sheet for 1988 . The firm paid out 50% of it's Net Income as Dividends. What is the firms Cash Flow From Assets from the Free Cash Flow Perspective? (in this problem you must use the Free Cash Flow method to get CFFA, using the Investors perspective method will not give you the same answer due to the limitations of the system.) (Round to nearest penny and do not enter commas, e.g. 1234.56) 1988 Income Statement 1988 Balance Sheet
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