Calculate the Free Cash Flow for 2010.

Calculate the company's market value added (MVA) for 2010

2010 2009 Assets Cash and equivalents Accounts Receivable Inventories Total Current Assets 10,000 Glocal Products: December 31: Balance Sheets 2010 2009 Liabilities and Equity 20,000 15,000 Accounts Payable 35,000 Accruals 35,000 25,000 Notes Payable R5,000 75,000 Total Current Liabilities Long Term fonds Total Debt 10,000 Common Stock Retained Earnings Total Common Equity 100,000 85.000 Total Liabilities & Equity 5.000 5,000 10,000 20,000 10.000 30,000 50,000 20.000 70,000 100.000 6,000 4.000 5,000 15,000 19.000 14.000 40,000 11,000 $1,000 $5.000 Net Plant and Equipment 15.000 Total Assets 2010 Income Statement Net Sales Operating costs except depreciation and amortization Earnings before interest, taxes, depreciation and amortization (EBITDA) Depreciation and Amortization Earnings before interest and taxes (EBIT) Interest Earnings before taxes (ET) Taxes Net Income 50,000.0 13,000 37,000.0 20,000.0 17,000.0 1,000,0 16,000.0 6,400.0 9,000.0 2010 Per Share Data Stock Price WACC Tax Rate Shares Outstanding $10.00 10.OON 40.00 10.000 Calculate the Free Cash Flow for 2010. -$4,800 -$5,000 $4,800 $5,000 $30,200 Calculate the company's market value added (MVA) for 2010. 90,400 50,000 80,000 49,000 30,000