Question
VVV Cosmetic anticipated cash flow from operating activities of RM8 million in 2022. It will need to spend RM1.8 million on capital investments in order
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VVV Cosmetic anticipated cash flow from operating activities of RM8 million in 2022. It will need to spend RM1.8 million on capital investments in order to remain competitive within the industry. Ordinary shares dividends are projected at RM0.8 million and preferred shares dividends at RM0.7 million.
Required:
a. What is the firms projected free cash flow for the year 2021?
b. What does the concept of free cash flow represent?
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Financial Management For Public, Health, And Not-for-Profit Organizations
Authors: Steven A. FinklerDaniel L. Smith, Thad D. Calabrese
6th Edition
978-1506396811, 150639681X
