Financial statements and cash flows starbucks free

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Unformatted text preview: n Fixed Assets • The final step involves computing the The change in Gross Fixed Assets (not net Fixed Assets) Fixed 3 - 21 Foundations of Pearson Chapter 3 Understanding Financial Statements and Cash Flows Starbucks Free Cash Flows ($M) After-tax cash flows from operations $477 Less 2003 investments in: Investments in net working capital $ 4 Investments Investments in Long Term Assets Total investments $ 570 570 Free cash flows 3 - 22 566 566 $ (93) Foundations of Pearson Chapter 3 Understanding Financial Statements and Cash Flows Financing Cash Flows A firm can either receive money from or distribute firm money to its investors. The firm can: money 1. Pay interest to lenders 2. Pay dividends to stockholders 3. Increase or decrease in long-term debt 4. Issue stock to new shareholders or repurchase Issue stock from current shareholders stock 3 - 23 Foundations of Pearson...
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