Given the following information, compute the firms free cash flows and the financing cash flows. Dividends............. $
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Dividends............. $ 25
Change in common stock...... $ 27
Change in inventories........ $ 32
Change in accounts receivable.... $ 78
Change in other current assets... $ 25
Operating income......... $ 215
Interest expense.......... $ 50
Depreciation expense....... $ 20
Increase in accounts payable..... $ 48
Increase in gross fixed assets.... $ 55
Income taxes........... $ 45
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Related Book For
Foundations of Finance The Logic and Practice of Financial Management
ISBN: 978-0132994873
8th edition
Authors: Arthur J. Keown, John D. Martin, J. William Petty
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