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The following information pertains to Galaxy Interiors: Net sales Cost of goods sold Depreciation Total assets Cash Accounts receivable Inventory Total Net fixed assets Earnings
The following information pertains to Galaxy Interiors: Net sales Cost of goods sold Depreciation Total assets Cash Accounts receivable Inventory Total Net fixed assets Earnings before interest and taxes Interest paid Taxable Income Less: Taxes Net income Galaxy Interiors 2011 Income Statement ($ in millions) 2010 2011 $ 668 $ 297 1,611 1,527 3,848 2,947 $ 6,127 $4,771 17,489 17.107 $23,616 $21,878 $21,415 16,408 1,611 3,396 1,282 $ 2,114 Galaxy Interiors 2010 and 2011 Balance Sheets ($ in millions) 740 $ 1,374 Accounts payable Notes payable Total Long-term debt Common stock Retained earnings Total liab. & equity 2010 2011 $1,694 $1,532 2,500 0 $4,194 $1.532 9,800 10,650 7,500 7,000 2,122 2,696 $23.616 $21,878 Based on this information, what is the free cash flow for Galaxy Interiors for 2011?
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