In 2021, Johnson Controls reported the following accounting items (in millions of dollars): Sales = $50 Cash Expenses = $30 Depreciation = $51 Interest Paid = $3T axes = $1 Dividends Paid = $3 Capital Expenditures = $8 What were the firm's Free Cash Flows in 2021? (Note: Enter your answer without the millions or the dollar sign, so if you think the answer is $5 million, just enter 5)

In 2021, Johnson Controls reported the following accounting items (in millions of dollars): Sales = $50 Cash Expenses = $30 Depreciation = $51 Interest Paid = $3T axes = $1 Dividends Paid = $3 Capital Expenditures = $8 What were the firm's Free Cash Flows in 2021? (Note: Enter your answer without the millions or the dollar sign, so if you think the answer is $5 million, just enter 5)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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