1. (45 Points) The balance sheets for Kraft Heinz appears below. The firm paid dividends of $1,960 to its shareholders during the fiscal year covered by the balance sheet. The Long Term Investment account represents ownership shares in start up vegan and vegetarian food companies. Kraft Heinz Balance Sheet for the Year Ended June 30, 2020 2021 2021 2020 Cash $784 $3,417 AccPay & Accr $6,443 $5,608 Acc Rec $1,967 $2,063 Debt $24,520 $28,916 Inventory $2,850 $2,554 Common Stock $45,108 $45,108 Gross PPE $11,797 $11,001 Less Treas. Stock ($3,396) ($752) Less Acc. Dep. ($4,491) ($3,563) Net PPE $7,306 $7,438 Long Term Investments $78,135 $81,570 Ret Earn $18,367 $18,162 $91,042 $97,042 $91,042 $97,042 a. (20 points) Compute Kraft Heinz's Cash Flow from Operations, Free Cash Flow and Cash Flow from Financing. Do you think Kraft Heinz is doing a good job of generating Free Cash Flow? Why or Why not? Give at least two reasons for your answer. 1. (45 Points) The balance sheets for Kraft Heinz appears below. The firm paid dividends of $1,960 to its shareholders during the fiscal year covered by the balance sheet. The Long Term Investment account represents ownership shares in start up vegan and vegetarian food companies. Kraft Heinz Balance Sheet for the Year Ended June 30, 2020 2021 2021 2020 Cash $784 $3,417 AccPay & Accr $6,443 $5,608 Acc Rec $1,967 $2,063 Debt $24,520 $28,916 Inventory $2,850 $2,554 Common Stock $45,108 $45,108 Gross PPE $11,797 $11,001 Less Treas. Stock ($3,396) ($752) Less Acc. Dep. ($4,491) ($3,563) Net PPE $7,306 $7,438 Long Term Investments $78,135 $81,570 Ret Earn $18,367 $18,162 $91,042 $97,042 $91,042 $97,042 a. (20 points) Compute Kraft Heinz's Cash Flow from Operations, Free Cash Flow and Cash Flow from Financing. Do you think Kraft Heinz is doing a good job of generating Free Cash Flow? Why or Why not? Give at least two reasons for your