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Eukalayle Corporations financial statements are provided here. Balance Sheet as of December 31, 2014 2013 Cash and equivalents 1,000 1,200 Accounts Receivable 2,000 2,000 Inventories
Eukalayle Corporations financial statements are provided here.
Balance Sheet as of December 31, | 2014 | 2013 | |
Cash and equivalents | 1,000 | 1,200 | |
Accounts Receivable | 2,000 | 2,000 | |
Inventories | 1,500 | 960 | |
Net Plant and Equipment | 5,500 | 3,840 | |
Total Assets | 10,000 | 8,000 | |
2014 | 2013 | ||
Accounts Payable | 500 | 480 | |
Notes Payable | 700 | 240 | |
Accruals | 300 | 560 | |
Long-Term Bonds | 2,600 | 1,920 | |
Common Stock | 4,130 | 3,360 | |
Retained Earnings | 1,770 | 1,440 | |
Total Liabilities & Equity | 10,000 | 8,000 | |
Income Statement as of December 31 | 2014 | ||
Net Sales | 7,500.0 | ||
Operating Costs excluding depreciation and amortization | 750.0 | ||
Depreciation and Amortization | 375.0 | ||
Interest | 562.5 | ||
Taxes 40% | 2,325.0 | ||
Net Income | 3,487.5 | ||
WACC | 10.50% |
What was 2014 free cash flow?
Question 15 options:
$1,210 | |
$1,585 | |
$1,960 | |
$2,045 |
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