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The Umbrella Corporation has the following Income statement and balance sheet for 1993. The firm paid out 50% of it's Net Income as Dividends. What

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The Umbrella Corporation has the following Income statement and balance sheet for 1993. The firm paid out 50% of it's Net Income as Dividends. What is the firms Cash Flow From Assets from the Free Cash Flow Perspective? (in this problem you must use the Free Cash Flow method to get CFFA, using the Investors perspective method will not give you the same answer due to the limitations of the system.) (Round to nearest penny and do not enter commas, e.g. 1234.56) 1993 Income Statement Revenue 178580 Costs 33903 Depreciation 17285 Ebit 9469 Interest Expense Taxable Revenue 178580 Costs 33903 Depreciation 17285 Ebit 9469 Interest Expense Taxable Income Tax Expense 22% Net Income 1993 Balance Sheet Year 1992 1993 1992 1993 18580 13362 13743 Current 16995 Assets Current Liabilities 149310 145378 Fixed Assets 144601 154935 Long- Term Debt 32696 Common 36132 Stock

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