Sales Costs Other Expenses Depreciation EBIT Interest Taxable Income Taxes Net Income Dividends Retained Earnings $250,000 $120,000 $20,000 $15,000 $95.000 $29,000 S66,000 S23,100 $42.900 $12.870 $30,030 XYZ's most recent year-end income statement is reported above. Given that XYZ issued 52,900 in new equity during the year and $4,000 in corporate bonds. What is the free cash flow (cash flow from assets) for the year? 

Answer rating: 100% (QA)

To calculate the free cash flow cash flow from assets for the year we can use the following formula ... View the full answer