Calculate your companys Free Cash Flow for each of the last 4 fiscal years (2018-2021). Use a
Fantastic news! We've Found the answer you've been seeking!
Question:
Calculate your company’s Free Cash Flow for each of the last 4 fiscal years (2018-2021). Use a tax rate of 25% and use the depreciation and amortization from the Cash Flow statement. Please do not use any other data from the Cash Flow statement, calculate changes in the relevant balance sheet accounts from year to year (for example: total current assets, gross property plant & equipment, accounts payable & accrued expenses).
Transcribed Image Text:
Income Statement For the Fiscal Period Ending Currency Revenue Finance Div. Revenue Other Revenue Total Revenue Cost Of Goods Sold Finance Div. Operating Exp. Interest Expense - Finance Division Gross Profit Selling General & Admin Exp. R & D Exp. Depreciation & Amort. Other Operating Expense/(Income) Other Operating Exp., Total Operating Income Interest Expense Interest and Invest. Income Net Interest Exp. Income/(Loss) from Affiliates Currency Exchange Gains (Loss) Other Non-Operating Inc. (Exp.) EBT Excl. Unusual Items Restructuring Charges Impairment of Goodwill Gain (Loss) On Sale Of Invest. Other Unusual Items EBT Incl. Unusual Items Income Tax Expense Earnings from Cont. Ops. Earnings of Discontinued Ops. Extraord. Item & Account. Change Net Income to Company Minority Int. in Earnings Net Income Pref. Dividends and Other Adj. NI to Common Incl Extra Items NI to Common Excl. Extra Items Reclassified 12 months Dec-31-2017 USD 133,449.0 12,139.0 145,588.0 116,229.0 8,389.0 2,566.0 18,404.0 8,254.0 8,254.0 10,150.0 (575.0) 266.0 (309.0) 1,959.0 (52.0) 171.0 11,919.0 (56.0) 11,863.0 11,533.0 330.0 (4,212.0) (3,882.0) 18.0 (3.864.0) 16.0 (3,880.0) 332.0 Reclassified 12 months Dec-31-2018 USD 133,045.0 14,004.0 147,049.0 120,656.0 8,890.0 3,225.0 14,278.0 7,985.0 7,985.0 6,293.0 (655.0) 335.0 (320.0) 1,980.0 (168.0) 506.0 8,291.0 258.0 8,549.0 474.0 8,075.0 (70.0) 8,005.0 9.0 8.014.0 98.0 7,916.0 7,986.0 Reclassified 12 months Dec-31-2019 USD 122,697.0 14,540.0 137,237.0 110,651.0 8,807.0 3,641.0 14,138.0 7,694.0 7,694.0 6,444.0 (782.0) 429.0 (353.0) 1,102.0 85.0 (76.0) 7,202.0 234.0 7,436.0 769.0 6,667.0 6,667.0 65.0 6.732.0 151.0 6,581.0 6,581.0 12 months Dec-31-2020 USD 108,673.0 13,812.0 122,485.0 96,856.0 8,104.0 3,023.0 14,502.0 5,943.0 5,943.0 8,559.0 (1,098.0) 241.0 (857.0) 527.0 (203.0) 348.0 8,374.0 (683.0) 404.0 8,095.0 1,774.0 6,321.0 6,321.0 106.0 6.427.0 180.0 6,247.0 6,247.0 12 months Dec-31-2021 USD 113,590.0 13,414.0 127,004.0 100,544.0 5,835.0 2,546.0 18,079.0 6,645.0 6,645.0 11,434.0 (950.0) 146.0 (804.0) 1,100.0 17.0 82.0 11,829.0 887.0 12,716.0 2,771.0 9,945.0 9,945.0 74.0 10.019.0 182.0 9,837.0 9,837.0 Income Statement For the Fiscal Period Ending Currency Revenue Finance Div. Revenue Other Revenue Total Revenue Cost Of Goods Sold Finance Div. Operating Exp. Interest Expense - Finance Division Gross Profit Selling General & Admin Exp. R & D Exp. Depreciation & Amort. Other Operating Expense/(Income) Other Operating Exp., Total Operating Income Interest Expense Interest and Invest. Income Net Interest Exp. Income/(Loss) from Affiliates Currency Exchange Gains (Loss) Other Non-Operating Inc. (Exp.) EBT Excl. Unusual Items Restructuring Charges Impairment of Goodwill Gain (Loss) On Sale Of Invest. Other Unusual Items EBT Incl. Unusual Items Income Tax Expense Earnings from Cont. Ops. Earnings of Discontinued Ops. Extraord. Item & Account. Change Net Income to Company Minority Int. in Earnings Net Income Pref. Dividends and Other Adj. NI to Common Incl Extra Items NI to Common Excl. Extra Items Reclassified 12 months Dec-31-2017 USD 133,449.0 12,139.0 145,588.0 116,229.0 8,389.0 2,566.0 18,404.0 8,254.0 8,254.0 10,150.0 (575.0) 266.0 (309.0) 1,959.0 (52.0) 171.0 11,919.0 (56.0) 11,863.0 11,533.0 330.0 (4,212.0) (3,882.0) 18.0 (3.864.0) 16.0 (3,880.0) 332.0 Reclassified 12 months Dec-31-2018 USD 133,045.0 14,004.0 147,049.0 120,656.0 8,890.0 3,225.0 14,278.0 7,985.0 7,985.0 6,293.0 (655.0) 335.0 (320.0) 1,980.0 (168.0) 506.0 8,291.0 258.0 8,549.0 474.0 8,075.0 (70.0) 8,005.0 9.0 8.014.0 98.0 7,916.0 7,986.0 Reclassified 12 months Dec-31-2019 USD 122,697.0 14,540.0 137,237.0 110,651.0 8,807.0 3,641.0 14,138.0 7,694.0 7,694.0 6,444.0 (782.0) 429.0 (353.0) 1,102.0 85.0 (76.0) 7,202.0 234.0 7,436.0 769.0 6,667.0 6,667.0 65.0 6.732.0 151.0 6,581.0 6,581.0 12 months Dec-31-2020 USD 108,673.0 13,812.0 122,485.0 96,856.0 8,104.0 3,023.0 14,502.0 5,943.0 5,943.0 8,559.0 (1,098.0) 241.0 (857.0) 527.0 (203.0) 348.0 8,374.0 (683.0) 404.0 8,095.0 1,774.0 6,321.0 6,321.0 106.0 6.427.0 180.0 6,247.0 6,247.0 12 months Dec-31-2021 USD 113,590.0 13,414.0 127,004.0 100,544.0 5,835.0 2,546.0 18,079.0 6,645.0 6,645.0 11,434.0 (950.0) 146.0 (804.0) 1,100.0 17.0 82.0 11,829.0 887.0 12,716.0 2,771.0 9,945.0 9,945.0 74.0 10.019.0 182.0 9,837.0 9,837.0
Expert Answer:
Answer rating: 100% (QA)
To calculate the Free Cash Flow FCF for each of the last 4 fiscal years 20182021 we will follow the following formula Free Cash Flow FCF Operating Inc... View the full answer
Related Book For
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese
Posted Date:
Students also viewed these finance questions
-
The expected annual free cash flow for the GPS tracker investment from is computed as follows: Construct a spreadsheet model to compute free cash flow that relies on the following assumptions or...
-
Calculate net income for tax purposes for each of the three taxpayers. Income tax reference: ITA 3. Taxpayer A Taxpayer B axpayer C Employment income Business income (loss) Property income (loss)...
-
For each of the accounts listed, indicate whether it is an asset (A), a liability (L), or an owners equity (OE) account. If it is an account that affects owners equity, indicate whether it is a...
-
On 31 March 1980, Philip acquired a 48-year copyright at a cost of 85,000. The copyright was valued at 92,000 on 31 March 1982. On 31 March 2021, Philip sold the copyright for 47,000. Compute the...
-
Ozzello Property Management is organized as a partnership. The owners, Lorenzo, Erwin, and Michelle, share profits and losses 30:30:40. Ozzello has the following results for the current year:...
-
In Problems 12 and 13, find the natural frequencies of the three-mass system of Fig. 7.5.1, using the given masses and spring constants. For each natural frequency , give the ratio a 1 :a 2 :a 3 of...
-
Sophie's Sofas buys sofas for \($1400\) each and sells them for \($2400\) each. On 1 July 2025, 45 sofas were in inventory. Sophie's Sofas completed the transactions below during July. A physical...
-
Gorlin Corporation was chartered in the Commonwealth of Massachusetts. The company was authorized to issue 20,000 shares of $100 par value, 6 percent preferred stock and 100,000 shares of no-par...
-
Microsoft Corporation makes Xbox video game consoles. For Microsoft's financial year YYYY, please make use of the following provided information regarding the inventory of those Xbox consoles:...
-
In the investment world, commodities are typically pretty boring. From livestock to grains to steel and other metals, commodities have their ups and downs. But long term, the world will always need...
-
Course: ACCT 253 Ly Case Study 4 (Part 2) - Lyryx Learning Inc - Google Chrome lifa1.lyryx.com/student-servlets/CaseStudyServlet?ccid=10460 C lifa1.lyryx Part 2 [20 points] Tyryx purse Home SunBlush...
-
On rare occasions, an organism may have three copies of a chromosome and therefore three copies of the genes on that chromosome (instead of the usual number of two copies). The alleles for each gene...
-
What type of DNA structure is recognized by RecG and RuvABC? Do you think these proteins recognize DNA sequences? Be specific about what type(s) of molecular recognition these proteins can perform.
-
Cancer are caused by environmental agents that produce mutations in somatic cells. Is an individual with cancer considered a genetic mosaic? Explain why or why not.
-
Discuss some of the worthwhile traits that can be modified in transgenic plants.
-
What two molecular mechanisms can result in gene conversion? Do both occur in the double-strand break model?
-
As an auditor should you be concerned for accounts receivable more than 120 days old? What are the assertions and accounts at risk of misstatement? What are the effects on control risk an inherent...
-
In Exercises 1-2, rewrite each verbal statement as an equation. Then decide whether the statement is true or false. Justify your answer. 1. The logarithm of the difference of two numbers is equal to...
-
Individual Rehabilitation Services (IRS) is a not-for-profit organization that assists individuals returning to society following a substance abuse conviction. IRS has been greatly successful in its...
-
Does the difficulty in determining the current value of an asset create a problem in determining the depreciation expense that should be charged for a year?
-
The primary purpose of an audit is to discover fraud. True or false? Explain.
-
To explore which conflict styles students would use in a variety of workplace scenarios. INSTRUCTIONS 1. Read each of the following workplace scenarios. 2. Next, choose the conflict style being used...
-
1. Working alone, complete the Listening Skills Survey. 2. In small groups, compare scores, discuss survey test items, and prepare responses to the discussion questions. 3. After the class...
-
The chapter included a paragraph on restaurant managers and staff communication about COVID-19 policies and practices. What would constitute transparency in the downward and upward directions? Data...
Study smarter with the SolutionInn App