Question: How do I answer this question? develop the concept of CFFA (Cash Flows from Assets) for a publicly traded corporation. Assume this corporation: (a) plows-back
How do I answer this question? develop the concept of CFFA (Cash Flows from Assets) for a publicly traded corporation. Assume this corporation: (a) plows-back 25% of its net income into the firm for reinvestment and (b) has a marginal tax rate of 35%. Create Balance Sheets and Income Statement and then calculate the annual Cash Flow from Assets (aka: CFFA or Free Cash Flows (FCF)). A constraint, must range between $8,000,000 and $12,000,000 annually. Make sure to highlight the cash flow identity, i.e. calculate
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