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Assets Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total

Assets Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Common equity Total liabilities and equity Sales Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization EBIT Interest EBT Taxes (25%) Net income Income Statements Balance Sheets Dividends paid Addition to retained earnings Shares outstanding Price WACC 2019 $100 275 375 $750 2,300 $3,050 $150 75 150 $375 450 825 1,225 1,000 2,225 $3,050 2019 $2,085 1,250 5835 100 $735 63 $672 168 $504 $54 $450 100 $25.00 10.00% 2018 $85 300 250 $635 1,490 $2,125 $85 50 75 $210 290 500 1,225 400 1,625 $2,125 2018 $1,465 1,000 $465 75 $390 46 $344 86 $258 $48 $210 100 $22.50 The balance in the firm's cash and equivalents account is needed for operations and is not considered "excess" cash. Using the financial statements given above, what is Rosnan's 2019 free cash flow (FCF)? Use a minus sign to indicate a negative FCF. Round your answer to the nearest cent. $

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Quantitative Problem: Rosnan Industries' 2019 and 2018 balance sheets and income statements ane showm below. AssetsCashandequivalentsAccountsreceivableInventoriesTotalcurrentassets Balance Sheets Net plant and equipment TotalassetsLabilitiesandEquityAccountspayableAccrualsNotespayable Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Common equity Total liabilities and equity Income statements

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