Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

what is the free cash flow for Citibank based on these photos? show your work. free cash flow formula is operating cash flow-capital expenditures. Annual

image text in transcribed

image text in transcribed

what is the free cash flow for Citibank based on these photos? show your work. free cash flow formula is operating cash flow-capital expenditures.

Annual Income Statement (values in 000's) Period Ending: Net Income Get Quarterly Data 12/31/2013 $13,659,000 Trend 12/31/2016 12/31/2015 12/31/2014 'Inl $14,912,000 $17,242,000 $7,310,000 Cash Flows-Operating Activities $3,753,000 $3,697,000 $3,799,000 $3,497,000 S7,494,000 $6,320,000 $9,517,000 9,766,000 Depreciation Net Income Adjustments Changes in Operating Activities Accounts Receivable Changes in Inventories Other Operating Activities Liabilities Net Cash Flow-Operating Cash Flows-Investing Activities $0 $0 ($335,000) $42,344,000 ($11,386,000) $46,658,000 $28,108,000 $53,932,000 $39,737,000 $46,343,000 $63,244,000 S0 $0 So $0 S0 S0 ch Capital Expenditures I($2.756,000) ($3,198,000) ($3,386,000) (53,490,000) 1-($35,315,000) (S7,882,000) (S23129,000) ($25,967,000) Investments

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions

Question

work settings of recent graduates;

Answered: 1 week ago