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i have questions 1-5 answered. would you be able to help with 17 & 18? Exercise #1: Fill in the missing blanks in the following
i have questions 1-5 answered. would you be able to help with 17 & 18?
Exercise \#1: Fill in the missing blanks in the following Income Statement \begin{tabular}{|c|c|c|} \hline Income Statement of ABC Electronics, Inc. & for fiscal year ending & December 31, 2018 \\ \hline & & \\ \hline Revenue & & [1] \\ \hline - Cost of Goods Sold (CoGS) & & 12,000 \\ \hline - Administrative and Selling Expenses & & 11,000 \\ \hline Earnings Before Interest, xes and Depreciation (EBITDA) & & 13,000 \\ \hline - Depreciation Expense (DEP) & & [2] \\ \hline Earnings Before Interest and Taxes (EBIT) & & 10,000 \\ \hline - Interest Expense (INT) & & [3] \\ \hline Earnings Before Taxes (EBT) = Taxable Income & & [4] \\ \hline -Tax@25\% & & [5] \\ \hline Net Income (NI)= Earnings & & 6,000 \\ \hline \end{tabular} Exercises \#9-10: Consider the Income Statement of ABC Electronics in Exercise \#1 plus the following information. Accounts Receivable decreased by 500 ; Accounts Payable increased by 400 ; Net Fixed Assets decreased by 500; Long-Term Debt decreased by 400. 9. Cash flow from operations was $. [17] 10. Free Cash Flow to the Firm was $ [18] Step by Step Solution
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