Question
USD mn 2011 2012 NI 10 15 Accumulated Depreciation 50 55 Interest expense (6) (8) Tax 30% 30% Dividend 5% 10% Current Assets 10 12
| USD mn | 2011 | 2012 |
| NI | 10 | 15 |
| Accumulated Depreciation | 50 | 55 |
| Interest expense | (6) | (8) |
| Tax | 30% | 30% |
| Dividend | 5% | 10% |
| Current Assets | 10 | 12 |
| Current Liabilities | 5 | 7 |
| Gross Block | 55 | 78 |
| Debt drawdown | 15 | 25 |
| Debt repayment | (6) | (8) |
| Equity balance in balance sheet | 15 | 25 |
What is FCFE for the Company in 2012?
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Foundations Of Financial Management
Authors: Stanley B. Block, Geoffrey A. Hirt, Bartley R. Danielsen
13th Edition
0073382388, 978-0073382388
