Net borrowing exactly, question, equation

zbird2134

What exactly is "Net borrowing" in the FCFE equation. In other words what would they have to give us in a question that would require us to figure out what net borrowing is? I realize I probably should have learned this in Level I and that I'm an idiot. Thanks,

SpyAli

debt issued less debt repaid

5566

Thanks Northeastern Student

Newhuman

look for the change in debt on the B/S or CF statement, usually they will give you a footnote if any debt was repaid

onelife1

Will either be provided as a single # or you will get a balance sheet for 2 years and have to find the cumulative change in:

N/P
LT Debt
ST debt
Current Portion of LT debt

huangxiaoxie

Awesome, I can handle that then. Thanks guys