Use the following to determine FCF (Free Cash Flow) for the current year. Assume an effective tax rate of

25%

:\ \\\\table[[,Current Year,Prior Year],[Revenue,100,000,],[COGS (Cost of Goods Sold),67,000,],[\\\\table[[Gross Profit],[Wapes Fxpense]]],[Wages Expense,11,500,],[Rent and Other Occupancy Expense,15,000,],[Depreciation Expense,1,000,],[Operating Income],[Current Assets],[Accounts Receivable,8,500,8,200],[Inventory,5,500,6,000],[Total Current Assets],[Gross Fixed Assets (at historical cost),50,000,46,000],[less: Accumulated Depreciation,30,000,29,000],[Net Fixed Assets,20,000,17,000],[Total Assets],[Current Liabilities],[Accounts Payable,\\\\table[[4,200]],4,500],[Wages Payable,\\\\table[[950],[-9]],900],[\\\\table[[Enter your answer as a monetary amount rounded to four decimal places, but without the currency symbol. For example, if your answer is

$90.1234

, enter 90.1234 . Show a],[decrease as a negative figure.]]],[Type your answer...,,]]

Use the following to determine FCF (Free Cash Flow) for the current year. Assume an effective tax rate of 25% : \begin{tabular}{|c|c|c|} \hline & Current Year & Prior Year \\ \hline Revenue & 100,000 & \\ \hline COGS (Cost of Goods Sold) & 67,000 & \\ \hline \multicolumn{3}{|l|}{\begin{tabular}{l} Gross Profit \\ Wapes Fxpense \end{tabular}} \\ \hline Wages Expense & 11,500 & \\ \hline Rent and Other Occupancy Expense & 15,000 & \\ \hline Depreciation Expense & 1,000 & \\ \hline \multicolumn{3}{|l|}{ Operating Income } \\ \hline \multicolumn{3}{|l|}{ Current Assets } \\ \hline Accounts Receivable & 8,500 & 8,200 \\ \hline Inventory & 5,500 & 6,000 \\ \hline \multicolumn{3}{|l|}{ Total Current Assets } \\ \hline Gross Fixed Assets (at historical cost) & 50,000 & 46,000 \\ \hline less: Accumulated Depreciation & 30,000 & 29,000 \\ \hline Net Fixed Assets & 20,000 & 17,000 \\ \hline \multicolumn{3}{|l|}{ Total Assets } \\ \hline \multicolumn{3}{|l|}{ Current Liabilities } \\ \hline Accounts Payable & \begin{tabular}{|l|l|} 4,200 \\ \end{tabular} & 4,500 \\ \hline Wages Payable & \begin{tabular}{r} 950 \\ -9 \\ \end{tabular} & 900 \\ \hline \multicolumn{3}{|c|}{\begin{tabular}{l} Enter your answer as a monetary amount rounded to four decimal places, but without the currency symbol. For example, if your answer is $90.1234, enter 90.1234 . Show a \\ decrease as a negative figure. \end{tabular}} \\ \hline Type your answer... & & \\ \hline \end{tabular}