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You are considering an investment in Fields and Struthers, Inc., and want to evaluate the firms free cash flow. From the income statement, you see

You are considering an investment in Fields and Struthers, Inc., and want to evaluate the firms free cash flow. From the income statement, you see that Fields and Struthers earned an EBIT of $52 million, paid taxes of 10miiom, and its depreciation expense was $5 million. Fields and Struthers gross fixed assets increased by $38 million from 2014 and 2015. The firms current assets increased by $20 million and spontaneous current liabilities increased by $12 million. Calculate fields and struthers operating cash flow , investment in operating capital , and free cash flow for 2013. image text in transcribed
You are considering an investment in Fields and Struthers, Inc. and want to evaluate the free cash flow from the comment you see at Felds and Strumedan cor $52 million, paid as of $10 mion, and its depreciation expense was $5 on Fields and Southen grossesses increased by Stonfom 2012 200 The current store by $20 million and spontaneous current is increased by $12 milion Calculate Felds and Strument operating cash flow of new and free cowo. 2013 OCH - $47.000.000 10C - $97.000.000 FCF = $10.000.000 OCF542.000.000,00 - $37.000.000 FCF - 55.000.000 OC - 547000.000OC -546.000.000 FCF - 51000.000 OC - $42.000.000,10C 546000,000 FCF54.000.000 V 25 MacBook Air ce SO . > O- * 8 7 9 s 4 ON 6 5 3 0 P 1 U Y E T R W Q J H G F D S

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