Question
Suppose that you have been provided with the following financial information about a company. 2019 2020 Common Shareholders Equity (S/E) 352 323 Cash dividends 50
Suppose that you have been provided with the following financial information about a company.
|
| 2019 | 2020 |
|
|
|
|
| Common Shareholders Equity (S/E) | 352 | 323 |
| Cash dividends | 50 | 20 |
| Common share repurchases | 0 | 45 |
| Common share issues | 13 | 60 |
In addition to this information, you have also been informed that the company has net financial obligations (NFO) of 25 in 2019 and 35 in 2020, and net financial expenses of 3 in 2019 and 4 in 2020. Based on this information, what is the companys free cash flow (FCF) for 2020?
| 1. | -30 | |
| 2. | -24 | |
| 3. | -39 | |
| 4. | -1 |
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Mylab Accounting With Pearson -- Access Card -- For Managerial Accounting
Authors: Karen W. Braun, Wendy M. Tietz
5th Edition
0134161645, 9780134161648
