Question #1: ITech Geek is a publicly-traded technology company and has 5,000,000 shares outstanding. Their marginal tax rate of 30%. Assume ITech Geek plows-back 60% of its net income into retained earnings.

First, you are to create the necessary Balance Sheets and Income Statement and then calculate the annual Cash Flow from Assets (aka: CFFA or Free Cash Flows (FCF)) for ITech Geek. A constraint here, however, is that your CFFA must range between $20,000,000 and $24,000,000 annually.