Below are summary numbers for 2020 and 2021 for S-Mart Ltd. (in million dollars). ...
90.2K
Verified Solution
Question
Finance
Below are summary numbers for 2020 and 2021 for S-Mart Ltd. (in million dollars).
| 2020 | 2021 |
Operating assets | 17,000 | 19,000 |
Cash equivalent | 400 | 510 |
Operating liabilities | 3,880 | 4,050 |
Long-term debt financing | 4,374 | 5,496 |
Operating income (after tax) |
| 2,200 |
Net financial expense (after tax) |
| 690 |
Calculate S-Marts free cash flow in 2021 using both Method 1 and Method 2.
(Hint: Method 1 focuses on the source of free cash flow; Method 2 focuses on the disposition of free cash flow.)
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.