Calculate the free cash flow in 2020. Year 2019 2020 Net sales 10000 11700 Costs of goods

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Calculate the free cash flow in 2020.

Year 2019 2020

Net sales 10000 11700

Costs of goods 5000 9000

Depreciation 1000 700

Taxes paid 1000 700

Cash 10000 10100

Accounts receivable 1900 1700

Inventory 700 1100

Current liabilities 6500 5900

Net fixed assets 6300 8900

Related Book For answer-question

College Accounting Chapters 1-30

ISBN: 978-1259631115

15th edition

Authors: John Price, M. David Haddock, Michael Farina

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Posted Date: Jun 10, 2023 08:54 AM

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Calculate the free cash flow in 2020. Year 2019 2020 Net sales 10000 11700 Costs of goods

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To calculate the free cash flow for 2020 we need to consider the following components 1 Net sales 11... View the full answer

College Accounting Chapters 1-30

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