What are considered as short-term investments, Operation Management

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Wonka Confectioners most recent FCF was $48 million, which is expected to grow at a constant rate of 6%. The firms WACC is 12% and it has 15 million shares of common stock outstanding. The firm has $30 million in short-term investments which it plans to distribute to common shareholders through a stock repurchase. The firm has no other non-operating assets. It has $368 million in debt and $60 million in preferred stock.


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