Business, 31.03.2021 03:00 mosesbrinker
Think of the free cash flow (FCF) equation and explain what changed FCF for Cracker Barrel between fiscal year 2016 and fiscal year 2017. These are the M2 Financials for CBRL. Specify one item from the income statement that changed FCF, one item from the balance sheet, and one item from the cash flow statement. As shown in the following example, report what the initial, ending, and dollar value of the change was and how it affected free cash flow.
Example: Gross profit increased from 978 to 1,017 million, which increased operating income (EBIT) by the difference ($39 million).
Item from the income statement:
Item from the balance sheet:
Item from the cash flow statement:
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Think of the free cash flow (FCF) equation and explain what changed FCF for Cracker Barrel between f...
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