Question: please show the math and what goes where a) (30 points) Calculate the free cash flow from both an operating and financing perspective (using the

a) (30 points) Calculate the free cash flow from both an operating and financing perspective (using the same format as in class) for Hurricane Industrial for 2021. Tech HW Sp 2022 Hurricane Industrial. Financial Statements 2021 2020 Balance Sheet Cash Short term investments Accounts Receivable Inventories Total Current Assets Equipment, machinery etc. Buildings etc less: allowance for depreciation Net fixed Assets Total Assets $ $ $ $ $ $ $ $ $ $ 25,600.00 $ 46,100.00 $ 674,380.00 $ 1,439,000.00 $ 2.185.080.00 $ 516,262.00 $ 702,950.00 5 373, 160.00 $ 846.052.00 $ 3.031 132.00 $ 12,282.00 38,000.00 632.160.00 1,287,380.00 1.969,802 00 500,000.00 702.950.00 263,160.00 939.790.00 2.909.592.00 ul Accounts Payable Notes Payable accruals Total Current liabilities Long-term debt Common Stock Retained Earnings Total common equity Total Liabilities and Equity $ $ $ $ $ $ $ S $ 348,000.00 $ 677,000.00 $ 342,500.00 $ 1367 500.00 $ 895,000.00 $ 470,000.00 $ 298,632.00 $ 768,632.00 $ 3,031 132.00 $ 322,000.00 722,000.00 284,960.00 1.328.960.00 1,000,000.00 460,000.00 120,632.00 580,632.00 2.909.592.00 $ $ $ 6,532,000.00 $ 5,220,000.00 $ 1.312 000.00 $ 5.875,000.00 4,650,000.00 1225.000.00 $ $ Income Statement Sales Cost of Goods Sold Gross Profit Operating Expenses Fixed Cash op. Expense Variable op. Expense Depreciation Total operating expense Earnings before Interest and Taxes Interest Earnings before Taxes Taxes (40%) Net Income $ $ $ $ $ 348,500.00 $ 325,000.00 $ 110,000.00 $ 783.500.00 $ 528,500.00 $ 109,000.00 $ 419,500.00 $ 167,800.00 $ 251.700.00 $ 340,000.00 276,000.00 116.960.00 732.960.00 492,040.00 120,000.00 372,040.00 148,816.00 223.224.00 $
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