The earnings before interests and taxes are reported as $450 million. The interest expenses are $80. The tax rate us 30%, the capital expenditures are -$200 million, depreciation is $150 million, and the non -cash working capital decreased by $180 million. If the firm issued $150 million of new debt and repaid $185 million of existing debt.

What is the free cash flow to the equity of the firm?

Answer rating: 100% (QA)

To calculate the free cash flow to equity FCFE of the firm we need to use t... View the full answer