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On 31 December 2020, IAG presents the following information related to its Cash Flow (mill. Euros): Operating profit: 3,250. Depreciation: 1,250. Movement in working capital: -790. Interest paid: -110. Tax paid: -340. CF from operating activities: 3,260. CF from investing activities: -2,485. CF from financing activities: -25.   At December 31, 2020, the Free Cash Flow to the Firm is

On 31 December 2020, IAG presents the following information related to its Cash Flow (mill. Euros): Operating profit: 3,250. Depreciation: 1,250. Movement in working capital: -790. Interest paid: -110. Tax paid: -340. CF from operating activities: 3,260. CF from investing activities: -2,485. CF from financing activities: -25.   At December 31, 2020, the Free Cash Flow to the Firm is

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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On 31 December 2020, IAG presents the following information related to its Cash Flow (mill. Euros):

Operating profit: 3,250.

Depreciation: 1,250.

Movement in working capital: -790.

Interest paid: -110.

Tax paid: -340.

CF from operating activities: 3,260.

CF from investing activities: -2,485.

CF from financing activities: -25.

 

At December 31, 2020, the Free Cash Flow to the Firm is

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