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2 LaForge Systems, Inc has net income of $285 million for the year 2008. Using normation from the company's fianal statemnts given here, show the
2 LaForge Systems, Inc has net income of $285 million for the year 2008. Using normation from the company's fianal statemnts given here, show the adjustmenes co net income that would be required to find A. FCF B. FCFE C.In addition, show the adjusments to FCFF that would reslt in FCFE Lalorge Systemms, Inc Balance Sheet 1 December 200 Current assets Gress fixeds Net fixod assets Liabilisics and sharcholden' quity Carrent liabliies Accounts payable Notes payable Accrued taxes and expenses Toal curren labiities Long.cene deb 1050 Comenoa suck Adlitional paid-in capital Retained carning Total sharcholder quity Toeal liabilities aed sharebolders' equity 1 December 2008 Operating cnes and cxp Inierest espense Income bcfore tax Tass (a 40 percent) Nes income Addlition to rctained carmings Statement of Cash Flows la million 31 Doccmber 200 Net income Changm i working eapital Accounts receivable Accounts payable Accrued taxes and expenses Cash poovided byr operaxing acivitie Investing activitics Purchascs of fised as Cash used for investing activities Financing activities Notes payable (La) Long-cerm financing issuaces Common stock dividends Cash used for financing activitics Cush and equivalents incresse (decrease Cash and equivalens at beginning of year Csh and equivalents at end of year Supplemental cash flow disdlosures Interest paid $130 Income tanes paid 5190
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