Please give full explanation (Suggested time: 10 minutes) Use the following information, extracted from...

50.1K

Verified Solution

Question

Finance

image

Please give full explanation

(Suggested time: 10 minutes) Use the following information, extracted from the financial statements, to compute the Free Cash Flow (FCF) in 2019 for this company. NOPAT in 2019=$18,000 Annual depreciation in 2019=$2,000 Net Fixed Assets in 2019=$220,000 Accumulated depreciation in balance sheet of 2019=$40,000 Gross Fixed Assets in 2018=$260,000 Net operating working capital in 201.8=$15,000 Net operating working capital in 2019=$14,000 There is no other long-term assets in the balance sheets of 2018 and 2019. When answering the question (filling in the blank), DO NOT use dollar signs, DO NOT USE commas to separate thousands, DO NOT use parenthesis to denote negative numbers, USE the negative sign in front of first digit for negative numbers, Round to the nearest dollar. What is the Free Cash Flow (FCF) for 2019? Your

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students