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Calculate the operating cash flow for Initech. (Assume that depreciation is tax deductible.) Initech Corp. Income Statement ($000's) Revenue $9,474 6,139 Cost of Goods Sold

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Calculate the operating cash flow for Initech. (Assume that depreciation is tax deductible.) Initech Corp. Income Statement ($000's) Revenue $9,474 6,139 Cost of Goods Sold SG&A Depreciation Expense 1,535 449 us EBIT 1,351 685 Interest Expense Income Before Taxes Taxes 667 200 Net Income $467 $ 1600 X Calculate free cash flow for Panama Red Inc. for Year 1 (Assume that depreciation is tax deductible) Panama Red Tobacco Inc Selected Financial Information (5000's) Year 0 Year 1 EBITDA 6,296 Depreciation 1,112 Tax Rate, 324 Current Assets 5.853 6,413 Current Liabilities 4,998 6,052 CAPEX 1626 S712 x

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