Question: Q2:Using the data in the previous question and prepare Free Cash flow, if you know that gross fixed assets was in the previous year 250,000$.

Q2:Using the data in the previous question and prepare Free Cash flow, if you know that gross fixed assets was in the previous year 250,000$. And the net working capital was 110,000$? You need some data from the following table.Q2:Using the data in the previous question and prepare Free Cash flow, if you know that gross fixed assets was in the previous year 250,000$. And the net working capital was 110,000$? You need some data from the following table.

1) The cost of goods sold to customer

$220,000

2) Advertising expenses

$ 25,000

3) Administrative salary expenses

$ 80,000

4) Issued common stock

$ 75,000

5) Interest income

$ 10,000

6) Insurance expense

$ 4,000

7) Research and development costs

$ 22,000

8) Dividends paid

$ 15,000

9) Tax expense

35%

10) Rent expense

$ 12,000

12) Accrued expenses

$ 11,000

13) Sales price of goods provided to customers

$450,000

14) Depreciation Expense

15,000$

Q2:Using the data in the previous question and prepare Free Cash flow,

Cash Inventory Long term Debt-10% to be paid in 1 year Patent Sales Cost of Goods Sold Accumulated Depreciation Land Prepaid Insurance Paidin Capital Salary Expense Supplies Expense Unearned Revenue Manufacturing Building Accrued Expense Common Stock Mortgage Payable-due in 10 years Accounts Receivable Long-Term Investment Goodwill Notes Receivable-due in 6 months Manufacturing Equipment $ 34.000 $ 97,000 $120,000 $ 11,000 $378,000 $195,000 $ 56,000 $100,000 $ 4,000 $ 29,000 $ 39.000 $ 3,000 $ 2,500 $125.000 $ 14.000 $ 1,000 $ 90,000 $ 27.000 $ 50,000 $ 20,000 $ 5.000 $ 89,000 Cash Inventory Long term Debt-10% to be paid in 1 year Patent Sales Cost of Goods Sold Accumulated Depreciation Land Prepaid Insurance Paidin Capital Salary Expense Supplies Expense Unearned Revenue Manufacturing Building Accrued Expense Common Stock Mortgage Payable-due in 10 years Accounts Receivable Long-Term Investment Goodwill Notes Receivable-due in 6 months Manufacturing Equipment $ 34.000 $ 97,000 $120,000 $ 11,000 $378,000 $195,000 $ 56,000 $100,000 $ 4,000 $ 29,000 $ 39.000 $ 3,000 $ 2,500 $125.000 $ 14.000 $ 1,000 $ 90,000 $ 27.000 $ 50,000 $ 20,000 $ 5.000 $ 89,000

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