A firm reported comprehensive income of $376 million for 2009, consisting of $500 million in operating income
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Compute the cash flow using Method 1 and Method2.
Transcribed Image Text:
Balance Sheet 2009 2008 2009 2008 Operating cash 60 50 Accounts payable ,200 1,040 Short-term investments (at market 550 5Accrued habilties 3 450 940 90 Long-term debt 1,970 Accounts receivable nventory Property and plant 910 840 2.840 2.710 Common equity ,870 1430 5,300 4,890 5,300 4,890
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First reformulate the balance sheet Method 1 Free cash flow OI DNO...View the full answer
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