Question
You have forecast proforma earnings of $1,139,000. This includes the effect of $244,000 in depreciation. You also forecast a decrease in working capital of $98,000
You have forecast proforma earnings of $1,139,000. This includes the effect of $244,000 in depreciation. You also forecast a decrease in working capital of $98,000 that year. What is your forecast of free cash flows for that year?
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Financial Management For Decision Making
Authors: Harold Jr. Bierman, Seymour Smidt
1st Edition
1587982129, 9781587982125
