1. Use the attached financial statements to calculate the company's free cash flow in 2019.Possible Answers: 14,921 10,086 6,606 8,130

2. Use the attached financial statements to calculate the cash flows from investing activities in 2019.Possible Answers: -1,565 1,937 2,086 -3,181

Income Statement 2018 2019 Revenues Cost of Goods Sold Gross Profit Depreciation Distribution Expenses Marketing and Administration SG&A EBIT (Operating Profit) Interest Income Before Taxes Taxes Net Income 81,422 38,121 43,301 2,960 5,884 23,507 1.764 9,186 1,073 8,113 2,761 5,352 87,698 36,756 50,942 2,373 5,921 27,169 2,931 12,548 1,102 11,446 2,429 9,017 Balance Sheet 2018 2019 ASSETS Current Assets: Cash Accounts Receivables Inventories Total Current Assets Non-Current Assets: Property Plant and Equipment TOTAL ASSETS 1,956 12,685 7,168 21,809 10,086 14,074 7,691 31,851 19,563 41,372 20,371 52,222 12,089 12,089 12,398 12,398 LIABILITIES AND SHAREHOLDERS' EQUITY Current Liabilities: Accounts Payables Total Current Liabilities: Non-Current Liabilities: Long-Term Debt Shareholder's Equity: Common Stock Retained Earnings Total Shareholders' Equity TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 17,903 16,427 5,000 6,380 11,380 41,372 8,000 15,397 23,397 52.222