Question 1 10 points You are given the below data for a company. Using this data, calculate: a. Operating cash flow using the direct method (show components with calculations for partial credit) b. Cash from Investing Activities (show calculations) c. Cash from Financing Activities (show components with calculations for partial credit) d. Tax Rate e. Free cash flow to firm (show components with calculations for partial credit) AND interpret what it means. f. Free cash flow to equity (show components with calculations for partial credit) AND interpret what it meas, (-) is included in the income statement to denote cash outflows. Income statement 2020 Sales 15,000.00 COGS 2,000.00 Depreciation expense 1,200.00 Sales, General, Admin expense- 5,000.00 Advertising expense 350.00 Salary and Wages 1,000.00 Other operating expenses 300.00 EBIT 5,150.00 (-) is included in the income statement to denote cash outflows. Income statement 2020 Sales 15,000.00 COGS - 2,000.00 Depreciation expense 1,200.00 Sales, General, Admin expense - 5,000.00 Advertising expense 350.00 Salary and Wages - 1,000.00 Other operating expenses 300.00 |EBIT 5,150.00 Interest expense 1,200.00 EBT 3,950.00 Income tax expense 790.00 Net Income 4,740.00 2020 1,400.00 750.00 910.00 240.00 3,300.00 3,300.00 2,200.00 4,400.00 Balance sheet 2019 Assets Cash 1,100.00 A/R 440.00 Inventory 700.00 Other current assets 200.00 Current assets total 2,440.00 Fixed assets 2,500.00 Accumulated depreciation 1,000.00 Total Assets 3,940.00 Liabilities Accounts Payable 340.00 Interest Payable 400.00 Salary and Wages Payable 310.00 Income tax payable 80.00 Other current liabilities payable 70.00 Tota Current Liabilities 1,200.00 Long Term Debt 700.00 Common Stock 1,840.00 Retained Earnings 200.00 Total Shareholders Equity 2,040.00 Total Liabilities and Shareholders Equity 3,940.00 For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). 400.00 420.00 290.00 100.00 60.00 1,270.00 820.00 1,670.00 640.00 2,310.00 4,400.00