JASPER COMPANY
Balance Sheets as of December and
Assets
Cash $ $
Accounts receivable
Inventory
Property, plant, and equipment net
Total $ $
Liabilities and Stockholders Equity
Accounts payable $ $
Current portion of longterm debt payable
Longterm debt
Common stock
Retained earnings
Total $ $
JASPER COMPANY
Income Statement
Sales $
Cost of goods sold
Gross profit
Depreciation expense
Earnings before interest and taxes
Interest expense
Earnings before taxes
Income tax expense
Net income $
a Considering the lefthand side of the cash flow identity cash flows from assets associated with investment activities determine Jasper Companys free cash flow FCF for the year
