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The following information is taken from a comparative financial statement for Success Venture Ltd. What is the free cash flow (to equity) in 2022? Make
The following information is taken from a comparative financial statement for Success Venture Ltd. What is the free cash flow (to equity) in 2022?
Make sure you consider the "changes" for appropriate items.
\begin{tabular}{|l|l|l|} \hline & 2021 & 2022 \\ \hline Net Income & $1,000 & $1,500 \\ \hline Depreciation & $200 & $300 \\ \hline CAPEX (Capital Expenditure) & $500 & $600 \\ \hline Net Working Capital & $150 & $100 \\ \hline Long-term Debt & $200 & $250 \\ \hline \end{tabular}
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