Essay
Consider the following 2016 data for three manufacturing firms ($ in millions):
a. Compute the operating cash flow to capital expenditures ratio for each firm for 2016.
b. Compute the free cash flow for each firm for 2016.
c. Comment on the results of your computations.
Correct Answer:
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a. Molly: ($107,200) / $53,700 = (2.00)
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