Question: 3 . For LaForge Systems, whose financial statements are given in problem 2 , show the adjustments from the current levels of CFO ( which
For LaForge Systems, whose financial statements are given in problem show the adjustments from the current levels of CFO which is $ million EBIT $ million and EBITDA $ million to find
A FCFF
B FCFE.
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LaForge Systems, Inc. Balance Sheet in Millions
Liabilities and shareholders' equity
Operating activities
Net income
Adjustments
Depreciation
Changes in working capital
Accounts receivable
Inventories
Accounts payable
Accrued taxes and expenses
Cash provided by operating activities
Investing activitics
Purchases of frixed assets
Cash used for investing activitics
Financing activitics
Notes payable
Longterm financing issuances
Common stock dividends
Cash used for financing activities
Cash and equivalents increase decrease
Cash and equivalents at beginning of year
Cash and equivalents at end of year
Supplemental cash flow disclosures
Interest paid
Income taxes paid
Note: The statement of cash flows shows the use of a convention by which the positive numbers of $ and $ for cash used for imrsting activitios and cash used for financing activitics, respectively, are understood to be subtractions, because "cash wed" is an oatflow.
For LaForge Systems, whose financial statements are given in Problem show the adjustments from the current levels of CFO which is $ million EBIT $ million and EBITDA $ million to find:
A FCFF:
B FCFE.
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