Question
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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