Business, 03.12.2019 03:31 BeverlyFarmer
You are considering an investment in cruise, inc. and want to evaluate the firm's free cash flow. from the income statement, you see that cruise earned an ebit of $206 million, paid taxes of $47 million, and its depreciation expense was $71 million. cruise's gross fixed assets increased by $74 million from 2007 to 2008. the firm's current assets decreased by $14 million and spontaneous current liabilities increased by $6.4 million. what is cruise's operating cash flow, investment in operating capital and free cash flow for 2008, respectively in millions?
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You are considering an investment in cruise, inc. and want to evaluate the firm's free cash flow. fr...
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