You were presented with the following financial data of a company and were asked to...

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Accounting

You were presented with the following financial data of a company and were asked to compute the 2024 free cash flow to equity (F CFE).
2024
Sales: $2,000,000
COGs: $1,200,000
General Business Expenses: $250,000
Depreciation & Amortization: $175,000
Tax Exp: $80,000
Net Income: $295,000
Current Assets: $500,000
Current Liabilities: $265,000
Assets Purchased: $0.00
2023
Sales: 1,750,000
COGS:1,050,000
General Business Expenses: $250,000
Depreciation & Amortization: $145,000
Tax Exp: $60,000
Net Income: $245,000
Current Assets: $325,000
Current Liabilities: $300,000
Assets Purchased: $0.00
(HINT: Assets purchased refers to capital expenditure of Capex)
$300,000
$650,000
$230,0000
$275,000
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