In a recent annual report, Kraft Foods reported the following account balances (in millions): Required a. Prepare

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In a recent annual report, Kraft Foods reported the following account balances (in millions):

Required
a. Prepare horizontal and vertical analyses of Kraft's cash balance. Round percentages to one decimal point (i.e., 9.4%).
b. Calculate free cash flow.
c. Interpret the results of your calculations.

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Financial ACCT2

ISBN: 978-1111530761

2nd edition

Authors: Norman H. Godwin, C. Wayne Alderman

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Question Posted: Jul 16, 2015 02:20 AM

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In a recent annual report, Kraft Foods reported the following account balances (in millions): Required a. Prepare

Question:

Cash and cash equivalents, current year Cash and cash equivalents, prior year Total assets, current year Cash flows from operating activities Capital expenditures Dividends $ 1,244 567 63,078 4,141 1,367 1,663

Step by Step Answer:

a Horizontal analysis 1244 567567 1194 Vertical analysis 124463078 20 b Free cash ...View the full answer

Financial ACCT2

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