During the year, the XYZ Company paid $200 in interest. The company is in the 25% tax
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During the year, the XYZ Company paid $200 in interest. The company is in the 25% tax bracket. It issued an additional $100 in notes payable and an additional $200 in long-term debt. The firm paid $50 in dividends and bought back 5120 in common stock. It also increased its short-term investments by $80 Based on the information above, calculate the FCF for XYZ Company.
Related Book For
Horngrens Financial And Managerial Accounting The Financial Chapters
ISBN: 9780134486840
6th Edition
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
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