Use the income statement shown next to calculate free cash flow for Rainier Printing for...
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Use the income statement shown next to calculate free cash flow for Rainier Printing for 2021. In addition to the information in the income statement, assume that Rainier had $730,000 in capital expenditures and $530,000 in working capital investments during 2021. Rainier Printing Income Statement January 1 to December 31, 2021 ($ thousands) Net sales Cost of sales Gross profit Operating expense Depreciation expense Operating income. Interest expense Income before tax Tax Income after tax Note: Enter your answer in thousands. Free cash flow $ 102,800 $ 11,600 7,300 4,300 1,230 680 2,390 380 2,010 402 $ 1,608 
Use the income statement shown next to calculateqfee cash fow for Rainler Printing for 2021 . In iddition to the information in the income statement, assume that Rainler had $730,000 in copital expendtures and $530,000 in working cap lal investments during 2021 Note: Enter your answer in thousands
Use the income statement shown next to calculate free cash flow for Rainier Printing for 2021. In addition to the information in the income statement, assume that Rainier had $730,000 in capital expenditures and $530,000 in working capital investments during 2021. Rainier Printing Income Statement January 1 to December 31, 2021 ($ thousands) Net sales Cost of sales Gross profit Operating expense Depreciation expense Operating income. Interest expense Income before tax Tax Income after tax Note: Enter your answer in thousands. Free cash flow $ 102,800 $ 11,600 7,300 4,300 1,230 680 2,390 380 2,010 402 $ 1,608
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