A firm with no net debt reports cash flow from operations of $4,219 million in its cash flow statement after adding $1,389 million in accruals to earnings. It reported cash investments in operations of $2,612 million. What were the firm's free cash flow and earnings for the period?

A firm with no net debt reports cash flow from operations of $4,219 million in its cash flow statement after adding $1,389 million in accruals to earnings. It reported cash investments in operations of $2,612 million. What were the firm's free cash flow and earnings for the period?

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 11MCQ: Chasse Building Supply Inc. reported net cash provided by operating activities of $243,000, capital...

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Question

A firm with no net debt reports cash solve this accounting questions

A firm with no net debt reports cash flow from
operations of $4,219 million in its cash flow statement
after adding $1,389 million in accruals to earnings. It
reported cash investments in operations of $2,612
million. What were the firm's free cash flow and earnings
for the period?

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