The following information is form the financial of a pure equity company (one with no net debt).

Question:

The following information is form the financial of a pure equity company (one with no net debt). In millions of dollars.

Common shareholders' equity, December 31, 2008 .... 174.8
Common dividends, paid December 2009 ......... 8.3
Issue of common shares on December 31, 2009 ....... 34.4
Common shareholders' equity, December 31, 2009 .... 226.2

The firm no share repurchases during 2009.
Calculate the firms’ for 2009.

Free Cash Flow
Free cash flow (FCF) represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Unlike earnings or net income, free cash flow is a measure of profitability that excludes the...