Compute the Actual Total Free Cash Flow to Invested Capital for 2014. Present your result...

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Accounting

Compute the Actual Total Free Cash Flow to Invested Capital for 2014.

Present your result to the second decimal point

Don't round until the end of the problem.image

31-Dec 2014 442 604 2015 449 1,074 Depreciation and amortization Net effects of other non-cash Gains or losses Cash effects of changes in: Receivables Inventories Accounts payable and other accruals Other non-current assets and liabilities Net cash provided by operations (109) (60) 57 25 3,298 (75) (13) (67) 33 2,949 (778) (340) 283 (835) (533) (742) 599 (676) Investing Activities Capital expenditures Purchases of marketable securities and investments Proceeds from sale of marketable securities and investments Net cash used in investing activities Financing Activities Principal payments on debt Proceeds from issuance of debt Dividends paid Purchases of treasury shares Proceeds from exercise of stock options Net cash used in financing activities (8,525) 8,960 (1,446) (1,530) 371 (2.170) (9,181) 9,602 (1,493) (1,551) 347 (2.276)

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