Some users in the markets prefer to use free cash flows as a performance measure instead of earnings. For this year, JJ company has 10,000 net earnings on income statement and 7,000 net cash inflow from operating activities, 5,000 net cash outflow from investing activities, and 2,000 cash outflow from financing activities on the statement of cash flows. What is the best estimate of free cash flows for this year based on the information above? a. 15,000 b. 3,000 c. 5,000 d. 2,000
Some users in the markets prefer to use free cash flows as a performance measure instead of earnings. For this year, JJ company has 10,000 net earnings on income statement and 7,000 net cash inflow from operating activities, 5,000 net cash outflow from investing activities, and 2,000 cash outflow from financing activities on the statement of cash flows. What is the best estimate of free cash flows for this year based on the information above? a. 15,000 b. 3,000 c. 5,000 d. 2,000
Chapter10: Measuring Exposure To Exchange Rate Fluctuations
Section: Chapter Questions
Problem 2BIC
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