Question: 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$.
Using the data in the previous question and prepare Free Cash flow, if you know that gross fixed assets was in the previous year 250,000$. And the net working capital was 110,000$? You need some data from the following table. D) 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 $450,000 14) Depreciation Expense 15,000$
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
