NO.PZ201512300100001003
问题如下:
3. Holt’s FCFF (in millions) for 2008 is closest to:
选项:
A.
$308.
B.
$370.
C.
$422.
解释:
A is correct.
FCFF = NI + NCC + Interest expense (1-
NI = $485 million
NCC = Depreciation expense = $270 million
Interest expense (1-
FCInv = Net purchase of fixed assets = Increase in gross fixed assets
= 4,275 -
WCInv = Increase in accounts receivable + Increase in inventory
= (770 -
= $57 million
FCFF = 485 + 270 + 132.6
老师,请问 operating income与EBIT有啥区别?为啥不能用EBIT那条公式求FCFF?