Ch 03: Homework Problems - Financial Statements, Cash Flow, and Taxes Accounts receivable 275 300 Inventories 375 250 Total current assets $750 $635 Net plant and equipment 2,300 Total assets $3,050 Liabilities and Equity $150 Accounts payable Accruals 75 Notes payable Long-term debt Total liabilities Common stock Retained earnings Common equity Total liabilities and equity 2019 Sales $2,150 $1,300 1,250 1,000 Operating costs excluding depreciation and amortization EBITDA $900 $300 Depreciation and amortization 100 75 EBIT $800 $225 Interest 63 46 EBT $179 $737 184 Taxes (25%) 45 Net Income $553 $134 Dividends paid $54 $48 Addition to retained earnings $600 $86.25 Shares outstanding 100 100 Price $22.50 $25.00 10.00% WACC The balance in the firm's cash and equivalents account is needed for operations and is not considered "excess" cash. Using the financial statements given above, what is Rosnan's 2019 free cash flow (FCF)? Use a minus sign to indicate a negative FCF. Round your answer to the nearest cent. Total current liabilities Income Statements 150 $375 450 825 1,225 1,000 Abb 2,225 1,490 $2,125 $85 50 75 $210 290 500 1,225 400 1,625 $2,125 $3,050 2018