Chapter 11 Free cash flow and cash flow adequacy Obj 6 Assume that the average amount of debt maturing over the next 5 years is $300 6 million, $101 8 million, and $103 0 million for 2020, 2019, and 2018, respectively Compute the free cash flow for 2018, 2019, and 2020 Compute the cash flow adequacy ratio Round to one decimal place Interpret Nikes free cash flow and cash flow adequacy ratio Cash provided (used) by operations Adjustments to reconcile net income to net cash provided (usec) by operations Changes in certain working capital components and other assets and liabilities Increase (decrease) in accounts payable, accrued liablities, operating lease liabilies and other current and non current liabilities

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Question: Chapter 11 Free cash flow and cash flow adequacy Obj. 6 Assume that the average amount of debt maturing over the next 5 years is

Chapter 11 Free cash flow and cash flow adequacy

Obj. 6
Assume that the average amount of debt maturing over the next 5 years is $300.6 million, $101.8 million, and $103.0 million for 2020, 2019, and 2018, respectively.
Compute the free cash flow for 2018, 2019, and 2020.
Compute the cash flow adequacy ratio. Round to one decimal place.
Interpret Nikes free cash flow and cash flow adequacy ratio

Cash provided (used) by operations: Adjustments to reconcile net income to net cash provided (usec) by operations: Changes in certain working capital components and other assets and liabilities: Increase (decrease) in accounts payable, accrued liablities, operating lease liabilies and other current and non-current liabilities

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