The writer is very fast, professional and responded to the review request fast also. Thank you.
A company has the following income statement and balance sheet:
INCOME STATEMENT
Sales $1,000
Costs 600
Depreciation 250
EBIT $ 150
Interest expens 50
EBT $ 100
Taxes (40%) 40
Net income $ 60
BALANCE SHEET
Cash $ 20 Accounts payable $ 30
Short-term investments 30 Accruals 50
Accounts receivable 20 Notes payable 10
Inventory 60 Current liabilities 90
Current assets 130 Long-term debt 70
Gross fixed assets 140 Common stock 30
Accumulated deprec. 40 Retained earnings 40
Net fixed assets 100 Total common equity 70
Total assets $230 Total liab. & equity $230
If the Total Operating Capital FOR THE LAST YEAR WAS $120, what is the current year’s Free Cash Flow?
Show more
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more