Question: 3 . For LaForge Systems, whose financial statements are given in problem 2 , show the adjustments from the current levels of CFO ( which

3. For LaForge Systems, whose financial statements are given in problem2, show the adjustments from the current levels of CFO (which is $427 million), EBIT ($605 million), and EBITDA ($785 million) to find
A. FCFF.
B. FCFE.
image below of information from question 2 to help awnser question 3
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
Long-term 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 \(\$ 349\) and \(\$ 40\) for cash used for imrsting activitios and cash used for financing activitics, respectively, are understood to be subtractions, because "cash wed" is an oatflow.
3. For LaForge Systems, whose financial statements are given in Problem 2, show the adjustments from the current levels of CFO (which is \(\$ 427\) million), EBIT (\(\$ 605\) million), and EBITDA (\(\$ 785\) million) to find:
A. FCFF:
B. FCFE.
 3. For LaForge Systems, whose financial statements are given in problem2,

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