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What is the companys Free Cash Flow (FCF)? Use the information to answer the following questions. XXX, Inc. Balance Sheet 2008 2007 2008 2007 Cash

What is the company’s Free Cash Flow (FCF)? Use the information to answer the following questions.


XXX, Inc.

Balance Sheet


2008

2007


2008

2007

Cash

450

200

Accounts Payable

1700

1500

Accounts Receivable

3600

2500

Notes Payable

1200

500

Inventory

3200

2000

Total CL

2900

2000

Total CA

7250

4700

Long Term Debt

3970

2000

Gross Fixed Assets

7200

5500

Common Stock

3100

3000

Less Acc. Depreciation

1400

1200

Retained Earnings

3080

2000

Net Fixed Assets

5800

4300

Total Equities

6180

5000

Total Assets

13050

9000

Total Liab. & O.E.

13050

9000


XXX, Inc.

Income Statement


2008

EBITDA

3300

Depreciation

200

EBIT

3100

Interest Expense

300

EBT

2800

Taxes

1120

Net Income

1680



Dividend Paid

600


What is the 2008 Net Operating Working Capital? What is the 2007 NOWC?

Select one:

a. 2350; 1200

b. 4350; 2700

c. 6660; 4200

d. 1150; 700

e. 5550; 3200

Continued from the previous question. What is the 2008 Free Cash Flow?

Select one:

a. +1990

b. -1990

c. -1590

d. +1590

e. -2400

 Continued from the previous question. What is the 2008 total invested capital? What is the 2007 TIC?

Select one:

a. 12210; 8500

b. 9550; 6700

c. 10150; 7000

d. 11350; 7500

e. 8350; 6200

Continued from the previous question. Assume the after-tax cost of capital is 10%. What is the 2008 EVA?

Select one:

a. +1680

b. + 725

c. +1125

d. -1125

e. - 725

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