Question: Below is Larry Ltds income statement and two balance sheets: A. Calculate the increase in Net Working capital. (1 mark) B. Calculate the net capital
Below is Larry Ltds income statement and two balance sheets:
A. Calculate the increase in Net Working capital. (1 mark)
B. Calculate the net capital expenditure. (1 mark)
C. Calculate the firm free cash flow (FFCF or Cash flow from assets CFFA). (1 mark)
D. Referring to the above example, suggest what business activity may have caused the change in capital expenditure. (1 mark)
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