To look at the firms dividend policy you look at rads


To look at the firm's dividend policy, you look at RAD's financial statements for the last year. RAD, in 2013, had net income of $118 million (operating income $1,132 million), capital expenditures of $315.846 million, depreciation and amortazation of $414.111 million and its non-cash working capital decreased by $112.767 million. If it financed 50% of its external financing needs with debt, estimate its FCFE in 2013.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: To look at the firms dividend policy you look at rads
Reference No:- TGS02630845

Expected delivery within 24 Hours