Question: Below is Fuzzy Ltd's income statement and two balance sheets: Fuzzy Ltd Income Statement for year ending 30th June 2021 Fuzzy Ltd Balance Sheet as

 Below is Fuzzy Ltd's income statement and two balance sheets: Fuzzy

Below is Fuzzy Ltd's income statement and two balance sheets: Fuzzy Ltd Income Statement for year ending 30th June 2021 Fuzzy Ltd Balance Sheet as at 30th June 2021 $m 2020 $m 80 70 Sales COGS Operating expense Depreciation Interest expense Income before tax Tax at 30% Net income |1982**] 2141 Assets Current assets PPE Cost Accumul. depr. Carrying amount Total assets 610 108 502 600 100 500 570 582 40 120 50 110 Liabilities Current liabilities Non-current liabilities Owners' equity Retained earnings Contributed equity Total L and OE 90 332 120 290 582 570 A. Calculate the increase in Net Working capital. Express your answer to two decimal places. (1 mark) B. Calculate the net capital expenditure. Express your answer to two decimal places. (1 mark) C. Calculate the firm free cash flow (FFCF or Cash flow from assets CFFA). Express your answer to two decimal places. (1 mark) D. Referring to the above example, suggest what business activity may have caused the change in capital expenditure. (1 mark) Type your answers in the text box below, ensuring that you clearly label each of the 4 answers (A, B, C, D)

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