What is crew cuts operating cash flow investment in


You are considering an investment in Crew Cut, Inc and want to evaluate the firms free cash flow. From the income statement, you see that Crew Cut earned and EBIT of $23.16 million, paid taxes of $3.84 million and its depreciation expense was $7.84 million. Crew Cut's gross fixed assets increased by $10.16 million from 2007 to 2008. The firms current assets increased by $6.16 million and spontaneous current liabilities increased by $3.84 million.

What is Crew Cuts operating cash flow, investment in operating capital and free cash flow for 2008, respectively in millions?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What is crew cuts operating cash flow investment in
Reference No:- TGS02808889

Expected delivery within 24 Hours