Use the following financial statements to compute cash flow from assets (free cash flow) as...
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Accounting
Use the following financial statements to compute cash flow from assets (free cash flow) as described in the notes and lecture for TigerBeer Corporation in 2018 TIGERBEER CORPORATION Income Statement - 2018 Revenue $400 Expenses 250 Depreciation 50 Net Income $100 Dividends $50 TIGERBEER CORPORATION Balance Sheet December 31, 2017 Assets Cash $5 Other Current Assets $95 Net Fixed Assets $100 Total Assets $200 Liabilities and Equity Current Liabilities $50 Long-Term Debt $0 Stockholders Equity $150 Total Liabilities and Equity $200 TIGERBEER CORPORATION Balance Sheet December 31, 2018 Assets Cash $ 25 Other Current Assets $125 Net Fixed Assets $200 Total Assets $350 Liabilities and Equity Current Liabilities $75 Long-Term Debt $75 Stockholders Equity $200 Total Liabilities and Equity $350
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