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Please round answer to mearest cent :) Thank you! Balance Sheets 2019 2018 $100 275 375 $750 2,300 $3,050 $85 300 250 $635 1,490 $2,125
Please round answer to mearest cent :) Thank you!
Balance Sheets 2019 2018 $100 275 375 $750 2,300 $3,050 $85 300 250 $635 1,490 $2,125 Assets Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Common equity Total liabilities and equity $150 75 $85 50 150 $375 450 825 1,225 1,000 2,225 $3,050 75 $210 290 500 1,225 400 1,625 $2,125 Income Statements 2019 2018 $2,035 1,250 $1,370 1,000 Sales Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization EBIT Interest EBT Taxes (25%) Net income $785 100 $685 $370 75 $295 46 $249 62 $187 $622 156 $467 Dividends paid Addition to retained earnings $54 $600 $48 $138.75 Shares outstanding Price WACC 100 $25.00 10.00% 100 $22.50 The balance in the firm's cash and equivalents account is needed for operations and is not considered "excess cash Using the financial statements given above, what is Rosnan's 2019 free cash flow (FCF)? Use a minus sign to indicate a negative FC Round your answer to the nearest cent Step by Step Solution
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