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Question 2 2 pts Your firm purchases a machine for $50,000 You purchase the machine using current available cash- balances from a previous period. You
Question 2 2 pts Your firm purchases a machine for $50,000 You purchase the machine using current available cash- balances from a previous period. You have cash sales from your retail customers of $150,000 You have Credit (AR) sales from your retail customers of Your Credit (AR) sales from commercial consumers are $20,000 You have cash sales from your commercial customers of $10,000 The cost of your overhead is $45,000 which you pay for with cash. You have variable costs of $17,000 which you pay for with credit. Your firm's tax rate is 28% Finally, you collect on past accounts receivable for $4,000 and pay off past accounts payable for $6,000 What is the firm's Free-Cash-Flow State your answer to the nearest dollar with no dollar sign or comma (e.g. 54067) Question 2 2 pts Your firm purchases a machine for $50,000 You purchase the machine using current available cash- balances from a previous period. You have cash sales from your retail customers of $150,000 You have Credit (AR) sales from your retail customers of Your Credit (AR) sales from commercial consumers are $20,000 You have cash sales from your commercial customers of $10,000 The cost of your overhead is $45,000 which you pay for with cash. You have variable costs of $17,000 which you pay for with credit. Your firm's tax rate is 28% Finally, you collect on past accounts receivable for $4,000 and pay off past accounts payable for $6,000 What is the firm's Free-Cash-Flow State your answer to the nearest dollar with no dollar sign or comma (e.g. 54067)
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