A firm reported after-tax operating income of $1,298 million. Free cash flow of $234 million was calculated
Question:
A firm reported after-tax operating income of $1,298 million. Free cash flow of $234 million was calculated from the cash flow statement.
a. Identify the" hard" and" soft" components of the income.
b. The free cash flow is after $687million in cash investments. What were the operating accruals for the year?
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...
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a The hard part of the income in free cash flow 234 million The soft part of ...View the full answer
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