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Unformatted text preview: outstanding Free Cash Flow (FCF) = EBIT(1-T) + Depreciation (capital expenditures + increase in net working capital) EBT (Earnings before taxes) = Net Income / (1-T) Ending Retained Earnings = (Beginning Retained Earnings + Net Income) Dividends Statement of Cash Flows = Operating Activities + Long-term Investing Activities + Financing Activities Dividends = net income any changes in Retained Earnings...
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This note was uploaded on 06/12/2011 for the course FINC 302 taught by Professor Lawrence during the Spring '11 term at Nicholls State.
- Spring '11