FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Year 2019 2020 Net sales 10000 18400 Costs of goods 5000 6200 Depreciation 1000 900 Taxes paid 1000 900 Cash 10800 10800 Accounts receivable 1900

Year 2019 2020
Net sales 10000 18400
Costs of goods 5000 6200
Depreciation 1000 900
Taxes paid 1000 900
Cash 10800 10800
Accounts receivable 1900 2500
Inventory 800 1200
Current liabilities 4700 7800
Net fixed assets 8100 7600

Please calculate the free cash flow in 2020. (keep 0 decimal places).

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Bond Markets Analysis And Strategies

Bond Markets Analysis And Strategies

Authors: Frank J. Fabozzi

6th Edition

0131986430, 9780131986435

More Books

Students also viewed these Finance questions

Question

★★★★★
Suppose the economy starts with GDP at potential, the real interest rate and the marginal product of capital both equal to 3 percent, and a stable inflation rate of 2 percent. A mild financial crisis...

Answered: 1 week ago

Question

★★★★★
Settlement of futures happens through a. Cash b. Physical delivery of the underlying asset c. Either cash or physical delivery d. None of the above

Answered: 1 week ago

Question

★★★★★
The Maple Lake branch of Buffalo State Savings Bank (BSSB) is a retail branch in a rapidly growing residential area. It services individuals and local businesses. To support its services, the branch...

Answered: 1 week ago

Question

★★★★★
BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Assets $ $ % % % 26,530 57,781 134,324 218,635 34,778 78,139 201,260 314,177 $ % $ $ 657,247 875,882 % % $ $ 589,228...

Answered: 1 week ago

Question

★★★★★
Intro to Quantitative Methods 70. Profit-loss analysis. Use the revenue and cost functions from Problem 66: R(x) = x(2,000 - 60x) Revenue function C(x) = 4,000 + 500x Cost function where x is...

Answered: 1 week ago

Question

★★★★★
Apple is delaying its plan to use neuralMatchLinks to an external site. technology to scan US iPhones for child pornography and child abuse. Currently, Apple uses end-to-end encryption to ensure...

Answered: 1 week ago

Question

★★★★★
You use Tableau for a project about spacecraft trajectories. You drag the Spacecraft field onto a shelf, selecting a specific craft. This enables you to monitor the trajectories that will be most...

Answered: 1 week ago

Question

★★★★★
Ringle Company is a manufacturer of compact disks (CDs). Place each of the following costs in the appropriate column. Product Cost Cost item Cost item Period Direct Direct Factory Cost Materials...

Answered: 1 week ago

Question

★★★★★
Multiple Select Question Select all that apply Which of the following about planning for objections is true? Multiple select question. Salespeople should only focus on the disadvantages of their...

Answered: 1 week ago

Question

★★★★★
Activity 2: IP and routing This is a group activity. Therefore, you need to form a group of four (4)~ five (5) people. At your table (or in MS team chat) discuss the following questions with your...

Answered: 1 week ago

Question

★★★★★
How clear are you about the type of data you propose to gather? Can you articulate the sampling strategy that you propose and explain how you would recruit and select your research participants? Who...

Answered: 1 week ago

Question

★★★★★
How clear are you about what information to provide on an information or briefing document that would ensure informed consent has been achieved? Who might help you to clarify these issues?

Answered: 1 week ago

Question

★★★★★
What is the ethical code of conduct of your professional organisation?

Answered: 1 week ago

Previous Question Next Question