Assignment: Using the information provided in Table 1, below, answer the following questions. (Reminder: w all work in detail.) 1. 2. 3. 4. What are the company's liabilities and equity in year n and n-1? What is the company's net income in year n and n-1? What is the company's free cash flow in year n? As an investor, explain how you would use net income and free cash flow in evaluating the company. Table 1 n-1 Short-term investments Interest Depreciation and amortization Common dividends Cash Accruals Notes payable Accounts payable Long-term debt Inventories Accounts receivable Common stock Operating costs excluding depreciation 500 550 550 1,000 1,100 1,500 1,650 2,750 5,000 9,000 10,000 40% 500 500 500 200 1,000 1,000 1,500 2,500 4,000 9,500 12,500 Sales Tax rate Assignment: Using the information provided in Table 1, below, answer the following questions. (Reminder: w all work in detail.) 1. 2. 3. 4. What are the company's liabilities and equity in year n and n-1? What is the company's net income in year n and n-1? What is the company's free cash flow in year n? As an investor, explain how you would use net income and free cash flow in evaluating the company. Table 1 n-1 Short-term investments Interest Depreciation and amortization Common dividends Cash Accruals Notes payable Accounts payable Long-term debt Inventories Accounts receivable Common stock Operating costs excluding depreciation 500 550 550 1,000 1,100 1,500 1,650 2,750 5,000 9,000 10,000 40% 500 500 500 200 1,000 1,000 1,500 2,500 4,000 9,500 12,500 Sales Tax rate