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Use the following financial statements to compute cash flow from assets (free cash flow) as described in the notes and lecture for TigerBeer Corporation in

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Use the following financial statements to compute cash flow from assets (free cash flow) as described in the notes and lecture for TigerBeer Corporation in 2018 TIGERBEER CORPORATION Income Statement - 2018 Revenue $400 Expenses 250 Depreciation 50 Net Income $100 Dividends $50 TIGERBEER CORPORATION Balance Sheet December 31, 2017 Assets Cash $5 Other Current Assets $95 Net Fixed Assets $100 Total Assets $200 Liabilities and Equity Current Liabilities $50 Long-Term Debt $0 Stockholders Equity $150 Total Liabilities and Equity $200 TIGERBEER CORPORATION Balance Sheet December 31, 2018 Assets Cash $ 25 Other Current Assets $125 Net Fixed Assets $200 Total Assets $350 Liabilities and Equity Current Liabilities $75 Long-Term Debt $75 Stockholders Equity $200 Total Liabilities and Equity $350

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