The following information is available for Thalia Enterprises for 2018: Operating profit Depreciation expense Change in net working capital Capital expenditures Total assets Current liabilities P60,000,000 15,000,000 10,000,000 12,000,000 120,000,000 20,000,000 40,000,000 10% 40% Long term liabilities Weighted-average cost of capital Income tax rate

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter14: Security Structures And Determining Enterprise Values
Section: Chapter Questions
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P3 -9

 

What is the free cash flow for 2018? *
The following information is available for Thalia Enterprises for 2018:
Operating profit
Depreciation expense
Change in net working capital
Capital expenditures
Total assets
Current liabilities
Long term liabilities
Weighted-average cost of capital
Income tax rate
P60,000,000
15,000,000
10,000,000
12,000,000
120,000,000
20,000,000
40,000,000
10%
40%
30,000,000
29,000,000
36,000,000
26,000,000
Transcribed Image Text:What is the free cash flow for 2018? * The following information is available for Thalia Enterprises for 2018: Operating profit Depreciation expense Change in net working capital Capital expenditures Total assets Current liabilities Long term liabilities Weighted-average cost of capital Income tax rate P60,000,000 15,000,000 10,000,000 12,000,000 120,000,000 20,000,000 40,000,000 10% 40% 30,000,000 29,000,000 36,000,000 26,000,000
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