If a firm's OCFs this year were $44 million and it spent $23 million on new...

 

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If a firm's OCFs this year were $44 million and it spent $23 million on new plants and machinery during the year, what would its FCF have been if its NOWC fell by $13 million this year and its required cash holdings increased by $6 million? Your answer should be rounded to two decimal places. If a firm's OCFs this year were $44 million and it spent $23 million on new plants and machinery during the year, what would its FCF have been if its NOWC fell by $13 million this year and its required cash holdings increased by $6 million? Your answer should be rounded to two decimal places. If a firm's OCFs this year were $44 million and it spent $23 million on new plants and machinery during the year, what would its FCF have been if its NOWC fell by $13 million this year and its required cash holdings increased by $6 million? Your answer should be rounded to two decimal places.

Answer rating: 100% (QA)

To calculate the free cash flow FCF we need to subtr... View the full answer