NO.PZ2018103102000121
问题如下:
Matt is evaluating the FCFF of Company M for the next year, which has an annual sale of $100 million. He has forecasted the relevant information in the following table. What`s the FCFF?
选项:
A.
$10.81 million
B.
$11.81 million
C.
$14.75 million
解释:
A is correct.
考点:Computing FCFF from Different Accounting Items
解析:先根据预算得到明年的EBIT,再根据公式FCFF = EBIT × (1-T) + Dep – Wcinv – Fcinv
计算FCFF
FCFF = 13.125*(1-30%) + 2.625 – 0.25 – 0.75 = $10.8125 million
ebit怎么算出来的