i am stuck on how to find increase in current assets change in non-interest bearing current liabilities and purchased of fixed assets. please show the math of the numbers you add / subtract
Homework: HW2 Score: 0 of 6 pts 2 of 17 Problem 3A-3 (similar to) (Computing free cash flows and financing cash flows) Use the balance sheet, and income statement, Efor Abrahams M Additional Information 1 The only entry in the accumulated depreciation account is for 2018 depreciation. 2 The firm paid $12,900 in common stock dividends during 2018 Calculate the free cash flows using the following table. (Round to the nearest dollar. NOTE Input cash inflows as positive values- FREE CASH FLOWS After-tax cash flows from operations Operating incomo S 46000 Depreciation expense Tax expense 29000 (13600) After-tax cash flows from operations 61400 Change in net operating working capital Increase in current assets S 16000 Change in non-interest bearing current liabilities 7000 Increase in net operating working capital S 9000 Purchase of foxed assots (76000) Free cash flows Choose from any list or enter any number in the input flelds and then click Check Answer 2 parts remaining Cleas Type here to search 2 of 17 (2 complete) - X Data Table ws and the finar ce shee 18 depre 2018 2017 $ 110,000 89,000 Cash he neare 64,000 69,200 Accounts receivable 101,800 112,000 Inventory 10,000 10,000 Prepaid expenses S 275,000 291,000 Total current assets 314,000 238,000 Gross plant and equipment (69,000) (40,000) Accumulated depreciation S 536,000 $ 473,000 Total assets $ 94,000 Accounts payable 85,000 16000 59,000 68,000 Accrued liabilities 7000 $ 153,000 $ 153,000 Total current debt 0 Mortgage payable 70,000 Preferred stock 130,000 205,000 205,000 Common stock 45,000 48,000 Retained earmings $ 473,000 $ 536,000 Total doht and oquit nd then cl Print Done hp 2 of 17 (2 complete) for Abrabamc Manufactuina Comaanuto.comnude the fime fron.cach lows and th nce sheet mm and incomo etatomond . X Data Table 18 depr he near Abrahams Manufacturing Company Income Statement for the Year Ended 1/31/2018 2018 $ 180,000 Sales 58,000 Cost of goods sold Gross profit S 122,000 Selling, general and administrative ekpenses 47,000 29,000 Depreciation expense Operating income 46,000 16000 3,500 Interest expense 7000 Eamings before taxes $ 42,500 Taxes 13,600 13,000 Preferred stock dividends $ 15,900 Earnings available to common stockholders Print Done d then d Clear All