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Please help me solve this, with explanations! 2. Calculate the annual cash flow for 2015 based on the following information. (Estimate CAPX as the increase

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Please help me solve this, with explanations!

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2. Calculate the annual cash flow for 2015 based on the following information. (Estimate CAPX as the increase in PP&E plus depreciation.) Income Statement Balance Sheets 2015 2014 2015 Revenue 1100 Cash 50 70 COGS 700 Accounts receivable 120 170 Operating expenses 100 Inventory 130 160 Depreciation 50 Total current assets 300 400 EBIT 250 Interest expense 50 Net PPE 100 200 Pretax Income 200 Total assets 400 600 Tax 80 Net income 120 Accounts payable 200 280 Short-term debt 40 60 Total current liabilities 240 340 Long-term debt 140 150 Total liabilities 380 490 Shareholder's equity 20 110

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