1 answer

Analyze Priceline The Priceline Group Inc. (PCLN) is a leading provider of online travel reservation services,...

Question:

Analyze Priceline The Priceline Group Inc. (PCLN) is a leading provider of online travel reservation services, including bran

Analyze Priceline The Priceline Group Inc. (PCLN) is a leading provider of online travel reservation services, including brand names Priceline, KAYAK, and OpenTable. Selected cash flow information from the statement of cash flows for three recent years is as follows (in millions): Year 3 Year 2 Year 1 Net cash provided by operating activities $ 3,925 $ 3,102 $ 2,914 Net cash used for investing activities (3,333) (3,895) (2,358) Net cash provided by used for) financing activities 58 (730) 1,429 Additions to property, plant, and equipment (220) (174) (132) Repurchase common stock (1,014) (3,089) (750) Acquisitions and investments (8) (140) (2,496) a. Determine the net change in cash for each year. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Year 3: $ Year 2: $ Year 1: $ b. Determine the free cash flow for each year Year 3: $ 3,705 Year 2: $ 2,928 Year 1: $ 2,782 c. How is the free cash flow being used based on the data provided? The free cash flow has been used to purchase property, plant, and equipment. d. Which is better for measuring the cash flow available for investment, dividends, debt repayments, and stock repurchases: the change in cash for the period or the free cash flow? Free cash flow

Answers

a
Year 3 Year 2 Year 1
Net cash provided by operating activities 3925 3102 2914
Net cash used for operating activities -3333 -3895 -2358
Net cash provided by (used for) financing activities 58 -730 1429
Net change in cash 650 -1523 1985
Year 3 650
Year 2 -1523
Year 1 1985
b
Year 3 Year 2 Year 1
Net cash provided by operating activities 3925 3102 2914
Less: Additions to property, plant and Equipment -220 -174 -132
Free cash flow 3705 2928 2782
.

Similar Solved Questions

1 answer
At December 31, the unadjusted trial balance of H&R Tacks reports Salaries and Wages Payable of...
At December 31, the unadjusted trial balance of H&R Tacks reports Salaries and Wages Payable of $0 and Salaries and Wages Expense of $12,000. Employees have been paid for work done up to December 27, but the $1,200 they have earned for December 28–31 has not yet been paid or recorded. Requ...
1 answer
What is the negation of "He is tall and handsome"? Select all that apply. Select one...
What is the negation of "He is tall and handsome"? Select all that apply. Select one or more: O a. He is not tall and he is not handsome b. He is not tall or he is not handsome c. He is not both tall and handsome d. If he is handsome, then he is not tall. e. If he is not tall, then he is han...
1 answer
QUESTION 9 During 2013, Bascom Bakery paid out $33,525 of common dividends. It ended the year...
QUESTION 9 During 2013, Bascom Bakery paid out $33,525 of common dividends. It ended the year with $197,500 of retained earnings versus the prior year's retained earnings of $159,600. How much net income did the firm ean during the year? o a. $78,746 b. $82,683 e c. $71,425 od. $86,818 e. $74,99...
1 answer
Give example with matrix of how LU decomposition works in image processing with explanation.
Give example with matrix of how LU decomposition works in image processing with explanation....
1 answer
Choose the best Lewis Structure for PO43-
Choose the best Lewis Structure for PO43-...
1 answer
Module 05 Written Assignment - Describing a Nutritional Assessment Tool Find a dietary assessment tool that...
Module 05 Written Assignment - Describing a Nutritional Assessment Tool Find a dietary assessment tool that can be used either generally or for a specific alteration in health. When you have found your assessment tool, answer the following questions: What is the purpose of this tool? Do you believe ...
1 answer
INS 1. For the following reactions, write the balanced molecular equation, complete ionic equation, and net...
INS 1. For the following reactions, write the balanced molecular equation, complete ionic equation, and net ionic equation a) barium chloride(aq) + sodium sulfate(aq) + Balanced Molecular Equation: Complete Ionic Equation: Net Ionic Equation: b) nitric acid(aq) + sodium hydroxide(aq) → Balanced...
1 answer
The vector U=2i +3j -2k, how do you find a unit vector parallel to U?
The vector U=2i +3j -2k, how do you find a unit vector parallel to U?...
1 answer
Select all that apply and why 5. A client is being discharged after having a thyroidectomy....
select all that apply and why 5. A client is being discharged after having a thyroidectomy. Which discharge instructions are appropriate for the client Select all that apply a. Report any signs of hypoglycemia b. Take thyroid replacement medications as ordered c. Watch for lethargy, restlessness sen...
1 answer
No summer romances are banal pastimes Regions A and B are empty region C is shaded....
No summer romances are banal pastimes Regions A and B are empty region C is shaded. Therefore, it is false that some Regions A and B are empty. summer romances are banal pastimes. region C is shaded. Valid, Boolean and Aristotelian It is false that some people who 2. hunger for wealth are not victim...
1 answer
Section 2: Please answer the following question as True/False/Uncertain and fully explain the rationale for your...
Section 2: Please answer the following question as True/False/Uncertain and fully explain the rationale for your answer. 1. Producers maximize profits by maximizing revenue and minimizing costs of production. Specifically, they determine the least cost combination of inputs based on their production...
1 answer
Time Remaining: 0:53:16 Hide/Show Time Remaining Part 1 of 1 - Question 3 of 6 1.67...
Time Remaining: 0:53:16 Hide/Show Time Remaining Part 1 of 1 - Question 3 of 6 1.67 Points V Question Progress Find the derivative y' of y = 4 sin 2x COS X O A. 8 cos x cos 2x+ 4 sin 2x sin x -OB. 8 cos x cos 2X-4 sin 2x sin x O C.-4 sin 2x sin x + cos x cos 2x OD. sin 2x sin x + 8 cos x cos 2x ...
2 answers
An object has a mass of #4 kg#. The object's kinetic energy uniformly changes from #24 KJ# to # 42KJ# over #t in [0, 9 s]#. What is the average speed of the object?
An object has a mass of #4 kg#. The object's kinetic energy uniformly changes from #24 KJ# to # 42KJ# over #t in [0, 9 s]#. What is the average speed of the object?...
1 answer
Required information [The following information applies to the questions displayed below.]    Allied Merchandisers was organized...
Required information [The following information applies to the questions displayed below.]    Allied Merchandisers was organized on May 1. Macy Co. is a major customer (buyer) of Allied (seller) products. May 3 Allied made its first and only purchase of inventory for the period on May...
1 answer
Identify a true statement about civil law. It comes from English law and is found in...
Identify a true statement about civil law. It comes from English law and is found in nonsocialist countries. It is found in most Islamic countries in the Middle East and Central Asia. It is derived from Roman law and is found in the non-Islamic and nonsocialist countries. It...
1 answer
What conclusion can be drawn from a comparison of the frog and rat data? [2 pt]...
What conclusion can be drawn from a comparison of the frog and rat data? [2 pt] the frog organ becomes proportionately smaller in larger individuals the rat organ becomes proportionately larger in smaller individuals What conclusion can be drawn from an analysis of the rat data? [2 p...
1 answer
B) Suppose the magnitude of ? is 3.00 m and the angle beta = 37.0° ,...
b) Suppose the magnitude of ? is 3.00 m and the angle beta = 37.0° , find the x- and y-components....
1 answer
A volume of 500.0 mL of 0.120 M NaOH is added to 605 mL of 0.250...
A volume of 500.0 mL of 0.120 M NaOH is added to 605 mL of 0.250 M weak acid (K, = 7.89 x 10-). What is the pH of the resulting buffer? HA(aq) + OH(aq) → H2O(l) + A™(aq) pH II...