Question
You have forecast pro forma earnings of $1,074,000. This includes the effect of $195,000 in depreciation. You also forecast a decrease in working capital of
You have forecast pro forma earnings of
$1,074,000.
This includes the effect of
$195,000
in depreciation. You also forecast a decrease in working capital of
$110,000
that year. What is your forecast of free cash flows for that year?
The free cash flows from earnings will be?
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Managerial Accounting A Focus on Ethical Decision Making
Authors: Steve Jackson, Roby Sawyers, Greg Jenkins
5th edition
324663854, 978-0324663853
