This exercise will help you to understand how to calculate a company”s free cash flow.
Instructions
Using the data given in the following table, determine if the free cash flow for Exxon Mobil CP has increased/decreased during 2014 versus 2013. Figures given in the table are in billions.
|
Year ending |
December 31, 2014 |
December 31, 2013 |
|
Cash Provided by Operating Activities |
$52.0 |
$49.30 |
|
Capital Expenditures |
$15.40 |
$15.50 |
|
Payment of Dividends |
$7.90 |
$7.90 |
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