Crystelle Company had net sales for the year of $149,500, cost of goods sold of $15,500, net income of $25,400, net cash provided by operating activities of $40,000, net cash used by investing activities of $4,200, capital expenditures of $10,500, and cash dividends of $7,500 in dividends for the year. What is the free cash flow for the year? Free Cash Flow Ratio Corporate Life Cycle Problem: Instructions: 1: Enter the Net cash provided (used) for each business activity from a public company's Statement of Cash Flows for 2020. Use the same company financial statements from your Ch7 case study assignment. 2: Identify the likely phase in the company's corporate life cycle. Ch12 Case Study Assignment - Part 1 (Total 10pts) How Do I Write my Posting? (150 words - 5pts; Completed Problem - 2pts; Total 7pts): * Students will be graded on their effort to fully complete their posting, reply, and problem. a. Provide an explanation for a company's Introductory phase: 1- Describe a company's likely cash from operations in the introductory phase. (40 words - 1.5pts) 2- Describe a company's likely investing activity (cash inflows or cash outflows) when in the introductory phase. (30 words - 1.5pts) b. For your company in your "Corporate Life Cycle" problem (see above), explain the following: 1- Describe "Likely Phase" in the company's Life Cycle. Provide two reasons why you chose this Life Cycle Phase. (80 words - 2pts) * Upload and attach your completed excel file to your posting. (Total 2pts) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K TARGET CORPORATION Conenlidatad Statemente nf Onaratinne (Incoma Statamant) Preferred Stock Authorized 5,000,000 shares, $0.01 par value; no shares were issued or outstanding during any period presented. Concolidated Statemente of Cach Flows