Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

pls answer asap The following information has been extracted from the financial statements of a company. Use it to answer the 4 questions that follow

pls answer asap
image text in transcribed
The following information has been extracted from the financial statements of a company. Use it to answer the 4 questions that follow it. When answering the questions (filling in the blanks), DO NOT use dollar signs, USE commas to separate thousands, DO NOT use parenthesis to denote negative numbers, USE the negative sign in front of first digit for negative numbers. Round to the nearest dollar. Earnings before interests and taxes: EBIT in 2020- 400 Tax rate: T 20% 50 Accumulated depreciation in balance sheet of 2019- Accumulated depreciation in balance sheet of 2020- 70 Net Fixed Assets in 2019- 1,200 Net Fixed Assets in 2020- 1,600 Other Long-Term assets in 2019- 0 Other tong-Term assets in 2020- 0 Net operating working capital (NOWC) in 2019- 20 30 Current assets in balance sheet of 2020- Current liabilities in balance sheet of 2020- 20 1. What is the Net Cash Flow (NFC) for 2020? A 2. What is the Investment in Gross Fixed Assets for 2020? A 3. What is the investment in net operating working capital (Investment NOWC) for 2020? A 4. What is the Free Cash Flow (FCF) for 2020? A/

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Victorian Literature And Finance

Authors: Francis O'Gorman

1st Edition

0199281920, 978-0199281923

More Books

Students also viewed these Finance questions