Question: Below is a ( partial ) copy of Eureka Computing's most recent income statement and balance sheet ( all numbers in millions ) : Income

Below is a (partial) copy of Eureka Computing's most recent income statement and balance sheet (all numbers in millions):
Income Statement
Current Year
Sales 2,389
COGS 1,050
SG&A 265
Depreciation 268
Interest Expense 118
Tax Rate 27%
Balance Sheet
Current Year Prior Year
Assets
Cash 638573
A/R 1,2901,131
Inventory 946836
Net PP&E 1,069835
Liabilities
A/P 631631
Bonds Payable 1,1531,183
What was Eureka Computing's free cash flows (in millions)?
(Enter your answer in millions. i.e.5.5 million, not 5,500,000)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!