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Using the data in the follwing financial statements of AAA Inc., answer the follwing questions. AAA Inc.'s Balance Sheet - As of Dec. 31 2016

Using the data in the follwing financial statements of AAA Inc., answer the follwing questions.

AAA Inc.'s Balance Sheet - As of Dec. 31

2016 2017 2016 2017

Assets

Cash

Accounts receivable

Inventories

Fixed assets (gross)

Depreciation

Fixed assets (net)

-

50

500

750

800

(300)

500

-

80

510

780

940

(400)

540

Liabilities

Accounts payable

Notes payable

Long-term debt

Shareholders' equity

Paid-in capital

Retained earnings

-

590

110

600

-

400

100

-

610

210

550

-

400

140

1. AAA's total cash flow in 2017 is (_________)

2. AAA's cash flows from operations in 2017 is (_________). Note that AAA paid 20 to its shareholders as dividends in 2017.

3. AAA's cash flows from financing in 2017 is (_________). Please note that changes in notes payable are included in cash flows from financing.

4. AAA's cash flows from investment in 2017 is (__________).

5. Calculate AAA's free cash flows in 2017. Note its EBIT in 2017 is 120 and interest payment is 20.

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