Free cash flow you are considering an investment in cruise, Ask an Expert

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Free Cash Flow 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 $205 million, paid taxes of $43 million, and its depreciation expense was $67 million. Cruise's gross fixed assets increased by $78 million from 2007 to 2008. The firm's current assets decreased by $18 million and spontaneous current liabilities increased by $6.8 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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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91948623

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