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Consider the financial statements provided below. What is the firm's free cash flow in 2019? RSO Enterprises: Balance Sheet Assets 2018 2019 Cash 10,800 12,000

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Consider the financial statements provided below. What is the firm's free cash flow in 2019? RSO Enterprises: Balance Sheet Assets 2018 2019 Cash 10,800 12,000 Accounts Receivable 18,500 20,700 Inventory 20,500 22,400 Other Current Assets 4,500 4,200 Total Current Assets 54,300 59,300 Net Property, Plant, and Equipment 45,000 47,000 Total Assets 99,300 106,300 Liabilities and Equity Accounts Payable Notes Payable Accruals Total Current Liabilities Long-term Bonds Total Liabilities Common Stock Retained Earnings Total Liabilities & Stockholders' Equity 8,500 12,500 10,800 31,800 40,000 71,800 20,000 7,500 99,300 9,200 9,900 11,600 30,700 45,000 75,700 20,000 10,600 106,300 RSO Enterprises Income Statement, for year ended 12/31/2019 Sales Revenue Cost of Goods Sold Operating Expenses Depreciation Operating Income Interest Expense Earnings Before Taxes Taxes 90,000.00 35,000.00 10,000.00 7,000.00 38,000.00 5,000.00 33,000.00 8,250.00 MacBook Air DOO F4 F3 FS F7 FB FO Total Liabilities Common Stock Retained Earnings Total Liabilities & Stockholders' Equity 71,800 20,000 7,500 99,300 75,700 20,000 10,600 106,300 RSO Enterprises Income Statement, for year ended 12/31/2019 Sales Revenue Cost of Goods Sold Operating Expenses Depreciation Operating Income Interest Expense Earnings Before Taxes Taxes Net Income 90,000.00 35,000.00 10,000.00 7,000.00 38,000.00 5,000.00 33,000.00 8,250.00 24,750.00 $9,000 $30,000 $4,000 $23,000 $17,800 MacBook Air 000 OOO F4 > FS F7 F8 F9

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