Estimate excom investment in operating capital

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Excom earned an EBIT of $400 million in 2013. And paid $120 million in Corporate tax. Its depreciation expense is estimated at 2013 to be $35 million. Excom fixed assets increased by $25 million from 2012-2-13. Current assets increased by $10 million. While current liabilities increased by $14 million ($4 million by increase in tax and $10 million due to increase in accounts payable due to a local bank). Estimate A. Excom operating cash flow in 2013. B. Estimate Excom investment in operating capital. C. Estimate Excom free cash flow for 2013.

Reference no: EM131817233

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