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The Umbrella Corporation has the following Income statement and balance sheet for 1993. The firm paid out 50% of it's Net Income as Dividends. What
The Umbrella Corporation has the following Income statement and balance sheet for 1993. 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)
Revenue | 242164 |
---|---|
Costs | 12130 |
Depreciation | 19852 |
Ebit | |
Interest Expense | 9600 |
Taxable Income | |
Tax Expense @ 22% | |
Net Income |
Year | 1992 | 1993 | 1992 | 1993 | |
---|---|---|---|---|---|
Current Assets | 19978 | 17011 | Current Liabilities | 13336 | 16306 |
Fixed Assets | 148437 | 169545 | Long-Term Debt | 129440 | 146491 |
Common Stock | 30622 | 37573 |
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