Question
What is free cash flow for Alpha Beta Co. in 1925? Alpha Beta Co. Financial Statements ($ millions) 1924 1925 Sales $26,209 $27,801 Cost of
What is free cash flow for Alpha Beta Co. in 1925?
Alpha Beta Co.
Financial Statements
($ millions)
1924 1925
Sales $26,209 $27,801
Cost of Sales and SG&A 24,084 25,842
25,842
Depreciation 473 684
EBIT 1,652 1,275
Interest Expense 239 252
Earnings before Taxes 1,413 1,023
Income Taxes 445 400
Net Income $968 $623
1924 1925
Cash & Equivalents $937 $1,025
Accounts Receivable 665 656
Inventories 1,821 2,020
Total Current Assets 3,423 3,701
Fixed Assets 8,734 9,372
Other Assets 792 688
Total Assets $12,949 $13,761
Short-Term Debt $717 $627
Accounts Payable 2,416 2,535
Total Current Liabilities 3,133 3,162
Long Term Debt 3,935 4,194
Other Liabilities 467 519
Total Liabilities 7,535 7,875
Common Share Capital 1,192 1,192
Retained Earnings 4,222 4,694
Total Shareholders' Equity 5,414 5,886
Total Liabilities & Equity $12,949 $13,761
a. $70
b. $1,460
c. $67
d. $141
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Fundamentals Of Investments Valuation And Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
9th Edition
1260013979, 9781260013979
