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The focus on trad toenal firincial statements is data rather than cash flow. Howevec, canh fow is important to invertors, manapers, and steck analysts. Therefore,
The focus on trad toenal firincial statements is data rather than cash flow. Howevec, canh fow is important to invertors, manapers, and steck analysts. Therefore, corporate decifen makers and that can be develeped from the accounting staternents, eves more important than net inceme. The equabon for free cavh flow is: FCF - [EBIr(t - T] + Depreciation and amertization] - [Capital expenditures + ANet operating working capitai] imestments. Income Statements The balance in the firm's cash and equivalents account is needed for operations and is not considered "excess" cash. Using the financial statements given above, what is Rosnan's 2019 free cash fiow (FCF)? Use a minus sign to indicate a negative FCK. Round your answer to the nearest cent
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