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Given the information below, determine the free cash flow for 2014 Income Statement (In Thousands) Sales Operating costs EBITDA Depreciation Earnings before interest and taxes
Given the information below, determine the free cash flow for 2014 Income Statement (In Thousands) Sales Operating costs EBITDA Depreciation Earnings before interest and taxes Interest (8%) Earnings before taxes Taxes (40%) Net income Common dividends 2014 $24,800.00 $14,880.00 $9,920.00 $950.00 $8,970.00 $96.00 $8,874.00 $3.549.60 $5,324.40 $2,082.00 2013 $22,000.00 $13,200.00 $8,800.00 $800.00 $8,000.00 $160.00 $7,840.00 $3,136.00 $4,704.00 $2,352.00 2014 2013 Balance Sheet (In Thousands) Assets Cash and marketable securities Accounts receivable Inventories Total current assets Net fixed assets (PP&E) Total assets $1,200.00 $5,565.00 $7 440.00 $14,205.00 $9,500.00 $23.705.00 $1,000.00 $5,000.00 $6,000.00 $12,000.00 $8,000.00 $20,000.00 Liabilities and equity Accounts payable Notes payable Accruals Total current liabilities Long-term bonds Total liabilities Common stock (2 million shares) Retained earnings Total common equity Total liabilities and equity $6,500.00 $200.00 $3,762 60 $10,462.60 $1,000.00 $11.462 60 $6,000.00 $624240 $12 242.40 $23.705.00 $6,000.00 $1,000.00 $3.000.00 $10,000.00 $1.000.00 $11,000.00 $6,000.00 $3.000.00 $9,000.00 $20.000.00 I $2,868 $2,939 $3,028 $2,749 $2,368
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