Ch 03: Blueprint Problems - Financial Statements, Cash Flow, and Taxes Quantitative Problem: Roshan Industries' 2019 and 2018 balance sheets and income statements are shown below. Balance Sheets y Tools 2018 $85 300 2019 $100 275 375 $750 2,300 $3,050 250 $635 1,490 $2,125 ips Assets Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets Labies and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Common equity Total abilities and equity $85 $150 75 150 $375 450 825 1,225 1.000 2,225 $3,050 $ 50 75 $210 290 500 1,225 400 1,625 $2,125 Income Statements 2019 $2,220 1,250 2018 $1,355 1,000 Sales Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization EBIT Interest EBT Taxes (25%) Net Income $970 100 $870 $355 75 $280 46 $234 $807 202 $605 59 $176 MacBook Air 90 999 DU F6 DO 57 so % 2 3 $ 4 & 5 6 7 0 * C 9 ) 0 W E R T Y Statements. Cash Flow, and Taxes Q Search Common equity Totalities and equity 2.225 $3,050 Tools 1.625 $2.125 Income Statements 2018 2019 $2,220 1.250 Tips $1,355 1.000 ps Sales Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization EBIT interest EBT Taxes (25) Net income $970 100 5870 63 $807 202 3605 $355 75 $250 46 $234 59 $176 Dividends paid Addition to retained earnings $54 1600 $48 $127.5 Shares outstanding Price WACC 100 $25.00 10.00% 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 FC Round your answer to the nearest cent. $ Grade i Now Save & Continue Continue without saving MacBook Air 80 819 F + 16 3 $ 4 F % 5 & 6 7 00 * ) 9 0 E R T Y U 0 P { 3 1 D F G H