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Summary financial information for Blossom Corporation for the year ended July 1, 2021 is listed below: Profit $303000 Depreciation expense 33700 Beginning inventory 97000 Ending
Summary financial information for Blossom Corporation for the year ended July 1, 2021 is listed below: Profit $303000 Depreciation expense 33700 Beginning inventory 97000 Ending inventory 65000 Cost of goods sold 57000 Interest expense 132000 Income tax expense 76000 Operating profit 454000 Cash provided by operating activities 355000 Dividends paid 46000 Cash used by investing activities 128000 Blossom's free cash flow for 2021 is $227000. $175000. $544700. $129000
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