Diebold Incorporated manufactures, markets, and services automated teller machines in the United States. The following are...
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Diebold Incorporated manufactures, markets, and services automated teller machines in the United States. The following are selected numbers from the financial statements for 2022 and 2023 in millions: Revenues Operating Expenses. Depreciation Interest Expenses Taxes Working Capital 2022 Rs.544.0 Rs.465.1 Rs.12.5 Rs.0.0 Rs.25.3 Rs.175.0 H 2023 Rs.620.0 Rs.528.5 Rs.14.0 Rs.0.0 Rs.29.5 Rs.240.0 The firm had capital expenditures of Rs.15 million in 2022 and Rs. 18 million in 2023. The working capital in 2021 was Rs.180 million. Estimate the cash flows to equity in 2022 and 2023. Diebold Incorporated manufactures, markets, and services automated teller machines in the United States. The following are selected numbers from the financial statements for 2022 and 2023 in millions: Revenues Operating Expenses. Depreciation Interest Expenses Taxes Working Capital 2022 Rs.544.0 Rs.465.1 Rs.12.5 Rs.0.0 Rs.25.3 Rs.175.0 H 2023 Rs.620.0 Rs.528.5 Rs.14.0 Rs.0.0 Rs.29.5 Rs.240.0 The firm had capital expenditures of Rs.15 million in 2022 and Rs. 18 million in 2023. The working capital in 2021 was Rs.180 million. Estimate the cash flows to equity in 2022 and 2023.
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Answer rating: 100% (QA)
To estimate the cash flows to equity CFE in 2022 and 2023 we can use the following formula CFE Net ... View the full answer
Related Book For
Introduction to Financial Accounting
ISBN: 978-0133251036
11th edition
Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick
Posted Date:
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