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The Umbrella Corporation has the following Income statement and balance 1 9 9 3 Balance Sheet sheet for 1 9 9 3 . The firm

The Umbrella Corporation has the following Income statement and balance 1993 Balance Sheet
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)
1993 Income
Statement
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