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Intro Below is the balance sheet for Rumble Clock Inc. for December 31 of 2018 and 2019. 2018 900 2019 1,050 Cash Accounts receivable Inventory
Intro Below is the balance sheet for Rumble Clock Inc. for December 31 of 2018 and 2019. 2018 900 2019 1,050 Cash Accounts receivable Inventory Current assets Net fixed assets 2,700 3,150 2,700 3,150 6,300 7,350 11,700 13,650 2018 2,700 2,700 ,400 8,100 9,900 Accounts payable Current liabilities Long-term debt Total liabilities Equity Total liab. & equity 2019 3,150 3,150 6,300 9,450 11,550 5 Total assets 18,000 21,000 18,000 21,000 The income statement for 2019 is also given: Sales Cost Depreciation EBIT Interest Taxes (25%) Net income Amount 50,400 27,720 7,560 15,120 5,040 2,520 7,560 IB Attempt 1/10 for 10 pts. Part 1 What was the free cash flow in 2019? No decimals Submit
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