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what would the free cash flow be ? Vaughn Corporation's comparative balance sheets are as follows. VAUGHN CORPORATION Comparative Balance Sheets December 31 Cash Accounts
what would the free cash flow be
Vaughn Corporation's comparative balance sheets are as follows. VAUGHN CORPORATION Comparative Balance Sheets December 31 Cash Accounts receivable Investments Equipment Accumu lated depreciationequi pment Total Accounts payable Bonds payable Common stock Retained earnings Total Additional information: 2022 $16,600 25,400 19,850 59,950 (14,150) $107,650 $14,450 10,100 49,900 33,200 $107,650 2021 $17,200 22,400 16,250 69,850 (10,300) $115,400 $11,050 30,000 45,300 29,050 $115,400 1. 2. 3. 4. Net income was $18,450. Dividends declared and paid were $14,300. Equipment which cost $9,900 and had accumulated depreciation Of $1,500 was sold for $3,400 NO noncash investing and financing activities occurred during 2022. Bonds were retired at their carrying value.
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