Homework Answers
Ans : Calculation of Free cash flow :
Free cash flow = Cash from operations - Capital expenditure
= 649100 - 227200 = $ 4,21,900
Cash flow adequacy ratio = Cash flow from operating activities/ Long-term debt paid+Fixed assets purchased+ Cash dividend distributed
= 649100/ 90900+259600+102000
= 649100/452500
= 1.43
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