2025年CFA二级财务报表题.docxVIP

2025年CFA二级财务报表题

考试时间：______分钟总分：______分姓名：______

Question1:

CompanyXYZreportedthefollowinginformationfortheyearendedDecember31,2023:

*NetIncome:$150million

*DepreciationExpense:$40million

*InterestExpense:$30million

*IncreaseinAccountsReceivable:$20million

*IncreaseinInventory:$25million

*DecreaseinAccountsPayable:$15million

*DividendsPaid:$50million

*CapitalExpenditures:$100million

*CommonStockIssued:$30million

*Nopreferredstock.

CalculatethecompanysFreeCashFlowtotheFirm(FCFF)fortheyear2023usin