Question: Applying Cash Flow Relations (Easy) A firm reported free cash flow of $430 million and operating income of $390 million.
a. By how much did its net operating assets change during the petiod?
b. The firm invested $29 million cash in new operating assets during the period. What were its operating accruals?
c. The firm incurred net financial expenses of $43 million after tax, paid a dividend of $20 million, and raised $33 million from share issues. What was the change in its net debt position during the period?