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Find the Free Cash Flow for 2019 for Mars Inc. Mars Inc. Income Statement 31-Dec-19 31-Dec-18 Revenues 11000 8000 COGS 7700 5600 Depreciation 250 200
Find the Free Cash Flow for 2019 for Mars Inc.
| Mars Inc. | ||
| Income Statement | 31-Dec-19 | 31-Dec-18 |
| Revenues | 11000 | 8000 |
| COGS | 7700 | 5600 |
| Depreciation | 250 | 200 |
| Operating income | 3050 | 2200 |
| Interest expense | 425 | 375 |
| Provision for taxes | 551 | 383 |
| Net Income | 2074 | 1442 |
| Balance Sheet | 31-Dec-19 | 31-Dec-18 |
| Cash | 550 | 525 |
| Receivables | 1200 | 1000 |
| Inventory | 750 | 500 |
| Current Assets | 2500 | 2025 |
| Gross PPE | 1400 | 1100 |
| Accumulated Depr. | 750 | 500 |
| Net PPE | 650 | 600 |
| Total Assets | 3150 | 2625 |
| ST Borrowings | 100 | 100 |
| Payables | 800 | 600 |
| Current Liabilities | 900 | 700 |
| LT Debt | 400 | 400 |
| Total Liabilities | 1300 | 1100 |
| Equity | 1850 | 1525 |
| Liabilities + Equity | 3150 | 2625 |
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Essentials of Managerial Finance
Authors: Scott Besley, Eugene F. Brigham
14th edition
324422709, 324422702, 978-0324422702
