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hjlf
3 years ago
9

The 2013 Income Statement and other selected financial information for Company A, as well as projected amounts for 2014, are sho

wn below. There are no planned gains or losses on disposal of assets in 2014. Assume a tax rate of 35 percent. What is the projected Free Cash Flow (FCF) for 2014? Company A 2013 2014 Revenues 2,000 2,200 Operating Expenses 1,400 1,540 Operating Income 600 660 Interest Expense 100 100 Pretax Income 500 560 Tax Expense 175 196 Net Income 325 364 Depreciation and Amortization 100 100 Capital Expenditure 100 120 Working Capital at Year End 200 220

Business
2 answers:
Anika [276]3 years ago
4 0

Answer:

Explanation:

The problem requires excel work so that is why the below picture is attached for good explanation and I hope it helps you. Thank you.

bulgar [2K]3 years ago
4 0

Answer:

The projected Free Cash Flow (FCF) for 2014 is $389

Explanation:

In order to calculate the  projected Free Cash Flow (FCF) for 2014 we would have to use the following formula:

Free Cash Flow 2014=Net income+Interest Expense-tax shield on interest expense+non cash expenses-change in working capital-capital expenditures

tax shield on interest expense=100*0.35=35

Free Cash Flow 2014=$364+$100-$35+$100-$20-$120

Free Cash Flow 2014=$389

The projected Free Cash Flow (FCF) for 2014 is $389

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hen a board of directors determines a specific profit goal, marketing managers usually implement a(n) Blank______ objective.
AveGali [126]

When a board of directors determines a selected profit goal, advertising managers commonly enforce a target return objective.

Target return Objective-

The goal return objective is to offer sufficient spending cash and hold the value of the portfolio after taking into consideration taxes and inflation.

The target return goal matters as it determines how the target return is calculated. Some people, which includes retirees, live on profits from their investment portfolios. A target return is actually the charge of return on an investment that a person or enterprise desires to earn. People have distinctive motives or goals in thoughts once they select to apply target returns as an investment tool. The target return goal matters as it determines how the target return is calculated.

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2 years ago
Corporations have limited liability, but lose ultimate control of corporate assets to the ______________ ..
Vinil7 [7]

Answer:

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Explanation:

Stockholders are the owners of a company.  As owners , stockholders have voting rights in the company.  Shareholder elects directors who represent them on the board of directors. Each share is equivalent to one vote.  The board members recruit top management of the company. The board provides policy guidelines, makes critical decisions, and supervises senior management.

By electing board members, shareholders influence the management of the business. Should the stockholders be unhappy with the way the company is being managed, they can vote out the current director and elect new ones. The new directors then appoint fresh managers. In this way, shareholders maintain control of the assets of the company and its assets.

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3 years ago
When interviewing job candidates, Anka's first impression was more favorable to Louisa, who dressed in designer clothes and atte
Lady_Fox [76]

Answer:

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