Quantitative Problem: Rosnan Industries' 2019 and 2018 balance sheets and income statements are shown below....
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Quantitative Problem: Rosnan Industries' 2019 and 2018 balance sheets and income statements are shown below. Income Statements The balance in the firm's cash and equlvalents account is needed for operations and is not considered "excess" cash. Using the financial statements given above, what is Rosnan's 2019 free cash faw (rCF)? Use a minus sign to indicate a negative FCF. Round your answer to the nearest cent. 5
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