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V paye Page View A Read aloud to 4 1. What are the company's liabilities and equity in year n and n-1? 2. What is the company's net income in yearn and n-1? What is the company's free cash flow in year n? 4. As an investor, explain how you would use net income and free cash flow in evaluating the company. Table 1 n-1 Short-term investments Interest Depreciation and amortization Common dividends Cash Accruals Notes payable Accounts payable Long-term debt Inventories Accounts receivable Common stock Operating costs excluding depreciation Sales Tax rate 250 350 500 550 550 1,000 1,100 1,500 1,650 2,750 5,000 9,000 10,000 40% 100 100 700 500 500 500 200 1,000 1,000 1,500 2,500 4,000 9,500 12,500