Hull Fund 9 Ech 12 Problem Solutions
Hull Fund 9 Ech 12 Problem Solutions
Hull Fund 9 Ech 12 Problem Solutions
Adjustments:
Interest reported 10 9 10
Operating lease adjustment 4 3 3
Interest adjusted 14 12 13
D&A reported 92 72 82
Operating lease adjustment 13 11 9
D&A adjusted 105 83 91
Adjustments:
Net increase (+) / decrease (-) in cash and cash equivalents -28 -10 71
Effect of changes in exchange rates on cash and cash equivalent 1 -9 -18
Cash and cash equivalents at beginning of year 192 211 158
Cash and cash equivalents at end of year 165 192 211
Adjustments:
Capex reported 44 46 54
Operating lease adjustment 20 19 20
Capex adjusted 64 65 74
Operating lease adjustment
Year 1 commitment 18 16 12
Year 2 commitment 14 10 8
Year 3 commitment 9 8 5
Year 4 commitment 6 5 4
Year 5 commitment 3 3 3
Year 6 commitment 3 3 3
Year 7 commitment 3 3 3