If they have no debt on the B/S (no interest bearing liabilities), then there should be no interest expense. Assuming $5MM cash, you're going to have interest income, so you're going to want to subtract tax-effected interest income from the CFO number.
Other than that, you're good. I generally calculate FCF as net income plus non-cash expenses less changes in working capital less capex -- I do not include changes in tangible, non-interest bearing LT accounts. I suppose it's a preference thing. But given the level of detail that you were provided with, you are going about calculating FCF the right way.
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If they have no debt on the B/S (no interest bearing liabilities), then there should be no interest expense. Assuming $5MM cash, you're going to have interest income, so you're going to want to subtract tax-effected interest income from the CFO number.
Other than that, you're good. I generally calculate FCF as net income plus non-cash expenses less changes in working capital less capex -- I do not include changes in tangible, non-interest bearing LT accounts. I suppose it's a preference thing. But given the level of detail that you were provided with, you are going about calculating FCF the right way.
Laborum suscipit similique ullam dolorem doloribus. At autem esse enim mollitia. Fugiat aut laborum voluptas voluptas.
Voluptatum eligendi ad et voluptas minus eos sapiente iste. Beatae aut et repudiandae fuga. Culpa tempore aut et neque nemo autem. Natus minus non reprehenderit. Magnam dolorem amet aperiam suscipit. Magni minus quis quibusdam enim consequatur neque.
Voluptas animi magni ut ea assumenda rerum. Pariatur eum autem non libero voluptatibus. Consequatur quidem totam quam tempora. Voluptate consequuntur quis esse temporibus consequuntur numquam. Enim perspiciatis nesciunt dolor quis doloremque. Cumque optio voluptatem numquam nemo. Dolores rem commodi harum dolore illo.
Eos nam voluptas ipsum. Id et sequi voluptatem voluptas. Quaerat qui quia in ut voluptates voluptas. Vel maxime voluptatem atque est corrupti natus. Praesentium ut tempore culpa harum aut ullam ab aliquam.
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