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Lor1a0yLamackeelenta Lor1a0yLamackeelenta
  • 16-01-2017
  • Social Studies
Answered

How much of the fcf did rhodes use for each of the following purposes: after-tax interest, net debt repayments, dividends, net stock repurchases, and net purchases of short-term investments?

Verified Answer :

Hagrid
Hagrid Hagrid
  • 23-01-2017

The correct answer for this question is this one: Rhodes use for each of the following purposes of the FCF: that includes

After-tax interest payment $ million24*1-.4 = 14.4
Reduction (increase) in debt $
million-2-20 = (22)
Payment of dividends $ million77
Repurchase (Issue) stock $
million 217-255.2 = (38.2)
Purchase (Sale) of short-term investments $ million1.0

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