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1 Calculate free cash flow for 2017 for Monarch Textiles, Inc, based on the financial information that follows. Assume that all current Habilities are non-interest

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1 Calculate free cash flow for 2017 for Monarch Textiles, Inc, based on the financial information that follows. Assume that all current Habilities are non-interest bearing liabilities and that no fixed assets were sold or disposed of during 2017 (Enter your answer in 10005) 90 points Income statement Monarch Textiles, Inc. thousands Selected balance sheettes 2017 2016 1.310 Current assets 370 720 Net fixed assets 125 Current liabilities 235 65 se 291.ee 116.10 174.60 2017 595 256 315 Sales Cost of sales Operating expenses Depreciation Interest expense Earnings before taxes TAK Net Income Free castow

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