Question: Need help! How to calculate this problem, please show the steps, thank you! Question (13 marks) Below are summary numbers for 2018 and 2019 for

Need help! How to calculate this problem, please show the steps, thank you!
Question (13 marks) Below are summary numbers for 2018 and 2019 for Apex Ltd. (in million dollars). 2019 2018 18,057.0 16,796.2 Operating assets Operating liabilities 6,011.8 5,927.2 Financial assets 382.7 270.8 Financial liabilities 6,496.4 4,395.4 Operating income (after tax) 2,740.1 Net financial expense after tax) 147.1 Required: Calculate Apex's free cash flow in 2019 using both Method 1 and Method 2. (Hint: Method 1 focuses on the source of free cash flow; Method 2 focuses on the disposition of free cash flow)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
