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At the end of the year 2020, the common equity was 230,000, and the dividends paid in the year 2021 was $9,000. What is the

At the end of the year 2020, the common equity was 230,000, and the dividends paid in the year 2021 was $9,000. What is the free cash flow to equity for the year 2021?

Assets

2021

Liabilities

2021

Cash and Cash Equivalents

63,000

Current Liabilities

40,000

Short-term Investments

3,000

Long-term Liabilities

120,000

Inventory

21,000

Total Liabilities

160,000

Accounts Receivables

20,000

Total Current Assets

107,000

Total Common Equity

597,000

Fixed Assets

650,000

Total Assets

757,000

At the end of the year 2020, the common equity was 230,000, and the dividends paid in the year 2021 was $9,000. What is the free cash flow to equity for the year 2021?

Assets

2021

Liabilities

2021

Cash and Cash Equivalents

63,000

Current Liabilities

40,000

Short-term Investments

3,000

Long-term Liabilities

120,000

Inventory

21,000

Total Liabilities

160,000

Accounts Receivables

20,000

Total Current Assets

107,000

Total Common Equity

597,000

Fixed Assets

650,000

Total Assets

757,000

-376,000

376,000

-358,000

358,000

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