Use the information in E%-17 for Marubeni Corporation. Instructions (a) Calculate the current ratio and debt to
Question:
Instructions
(a) Calculate the current ratio and debt to total assets ratio as at December 31, 2013 and 2014. Calculate the free cash flow for December 31, 2014.
(b) Based on the analysis in (a), comment on the company's liquidity and financial flexibility.
Free Cash Flow
Free cash flow (FCF) represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Unlike earnings or net income, free cash flow is a measure of profitability that excludes the...
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a Current Ratio 2014 2013 53000 91000 13000 88000 20000 15000 720 673 Debt to total ...View the full answer
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Related Book For
Intermediate Accounting
ISBN: 978-0176509736
10th Canadian Edition, Volume 1
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,
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