From the following information on the income statement and the balance sheet, what is free cash flow to the equity (FCFE
Posted: Thu May 19, 2022 12:17 am
From the following information on the income statement and the
balance sheet, what is free cash flow to the equity
(FCFE) in 2019?
Assume that the tax rate is 0.4.
Income Statement
Items
2018
2019
Revenue
2,525
3,089
Cost of goods sold
1,085
1,251
SG&A expense
307
354
Depreciation
407
505
Interest expense
104
154
Balance Sheet
two decimals, round up
balance sheet, what is free cash flow to the equity
(FCFE) in 2019?
Assume that the tax rate is 0.4.
Income Statement
Items
2018
2019
Revenue
2,525
3,089
Cost of goods sold
1,085
1,251
SG&A expense
307
354
Depreciation
407
505
Interest expense
104
154
Balance Sheet
two decimals, round up