Calculate the selected company's free cash flows (FCF).

1.  
2. Discuss the change in cash flows from investing activities.
3.  
4. What assets did the company buy or sell over the last 3-year period? Indicate whether cash is being used to grow the selected company.
5.  

Balance Sheet				Vertical Analysis
All numbers in thousands
Period Ending	2019	2020	2021	2019	2020	2021
Current Assets
Cash And Cash Equivalents	2,133	7,895	2,343	4.16%	11.19%	3.26%
Short-Term Investments	0	0
Net Receivables	2,106	2,992	3,426	4.11%	4.24%	4.77%
Inventory	14,531	16,627	22,068	28.36%	23.56%	30.70%
Other Current Assets	1,040	963	1218	2.03%	1.36%	1.69%
Total Current Assets	19,810	28,477	29,055	38.66%	40.35%	40.42%
Long-Term Investments	5,595	5,962	5,966	10.92%	8.45%	8.30%
Property Plant and Equipment	22,770	24,705	25,199	44.44%	35.00%	35.06%
Goodwill	2,254	7126	7449	4.40%	10.10%	10.36%
Intangible Assets	0	0	0	0.00%	0.00%	0.00%
Accumulated Amortization	0	0	0	0.00%	0.00%	0.00%
Other Assets	807	4,311	4,205	1.58%	6.11%	5.85%
Deferred Long-Term Asset Charges	0	0	0	0.00%	0.00%	0.00%
Total Assets	51,236	70,581	71,874	100.00%	100.00%	100.00%
Current Liabilities
Accounts Payable	7,787	11,606	13,452	15.20%	16.44%	18.72%
Short-/Current Long-Term Debt	974	0	1,035	1.90%	0.00%	1.44%
Other Current Liabilities	9,614	11,560	14,196	18.76%	16.38%	19.75%
Total Current Liabilities	18,375	23,166	28,683	35.86%	32.82%	39.91%
Long-Term Debt	28,670	35,822	36,604	55.96%	50.75%	50.93%
Other Liabilities	6,601	7,163	7,366	12.88%	10.15%	10.25%
Deferred Long-Term Liability Charges	706	1,131	909	1.38%	1.60%	1.26%
Minority Interest	0	0	0	0.00%	0.00%	0.00%
Negative Goodwill	0	0	0	0.00%	0.00%	0.00%
Total Liabilities	54,352	67,282	73,562	106.08%	95.33%	102.36%
Stockholders' Equity				0.00%	0.00%	0.00%
Misc. Stocks Options Warrants	0	0	0	0.00%	0.00%	0.00%
Redeemable Preferred Stock	0	0	0	0.00%	0.00%	0.00%
Preferred Stock	0	0	0	0.00%	0.00%	0.00%
Common Stock	89	89	90	0.17%	0.13%	0.13%
Retained Earnings	51,729	58,134	67,580	100.96%	82.36%	94.04%
Treasury Stock	-65,196	-65,793	-80,794	-127.25%	-93.22%	-112.42%
Capital Surplus	11,001	11,540	12,132	21.47%	16.35%	16.88%
Other Stockholder Equity	-739	-671	-704	-1.44%	-0.95%	-0.98%
Total Stockholder Equity	-3,116	3,299	-1,696	-6.08%	4.67%	-2.36%
Net Tangible Assets	51,236	70,581	71,866	100.00%	100.00%	100.00%

Answer rating: 100% (QA)

To calculate the free cash flows FCF for the selected company we need information about the cash flo... View the full answer