Question
The following information has been extracted from the financial statements of a company. Use it to answer the 4 questions that follow it. When answering
The following information has been extracted from the financial statements of a company. Use it to answer the 4 questions that follow it. When answering the questions (filling in the blanks), DO NOT use dollar signs, USE commas to separate thousands, DO NOT use parenthesis to denote negative numbers, USE the negative sign in front of first digit for negative numbers. Round to the nearest dollar. Earnings before interests and taxes: EBIT = in 2020 500 Tax rate: T = 25% Accumulated depreciation in balance sheet of 2019 50 Accumulated depreciation in balance sheet of 2020 70 Net Fixed Assets in 2019 1,200 Net Fixed Assets in 2020 1,600 Other Long-Term assets in 2019 0 Other Long-Term assets in 2020 0 Net operating working capital (NOWC) in 2019 20 Current assets in balance sheet of 2020 30 Current liabilities in balance sheet of 2020 20 1. What is the Net Cash Flow (NFC) for 2020? 2. What is the Investment in Gross Fixed Assets for 2020? 3. What is the investment in net operating working capital (Investment NOWC) for 2020? 4. What is the Free Cash Flow (FCF) for 2020?
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